With SA’s vaccination programme finally under way, we could be forgiven for wanting to decisively close the book on the pandemic. But as Winston Churchill once noted: "Those who fail to learn from history are condemned to repeat it."
Though our life and funeral insurance industry handled Covid loss of life claims with efficiency and compassion, the general insurance industry struggled with business interruption compensation, the scale of which was never catered for. Clearly, the private insurance industry does not have the capacity to carry this risk alone...
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.