Insurers in limbo after court loss
It’s an anxious wait for both insurers and their cash-strapped customers after Café Chameleon’s victory in the courts
16 July 2020 - 05:00
The walls are closing in on short-term insurers, as both the courts and their regulator, the Financial Sector Conduct Authority (FSCA), rule against them.
Many had expected clarity only in September when the case between market leader Santam and a consortium of aggrieved policyholders is heard in the high court in Cape Town...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.