Two of SA’s biggest insurance groups, Santam and Momentum Metropolitan Holdings, have both told the FM that contingent business interruption (CBI) insurance for pandemics is likely to go the way of the dodo.

"The reality is that something like a pandemic is not really an insurable risk," says Santam CEO Lizé Lambrechts...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now