Santam makes headway in processing business interruption claims
The core of the issue is whether businesses can claim for damages resulting from government-imposed hard lockdowns
02 September 2021 - 10:23
UPDATED 02 September 2021 - 19:21
SA’s largest short-term insurer Santam says the cost of the damage to property during looting that rocked parts of KwaZulu-Natal and Gauteng in early July will potentially push up reinsurance rates in SA.
Reinsurance refers to insurance a primary insurer purchases with another insurer to mitigate risk to itself...
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