Guardrisk Insurance Company News

S. Africa Insurers’ COVID-19 Payments May Be Too Little, Too Late, for Some Businesses

South African small businesses fighting rejected coronavirus-related claims said insurers’ offers of relief are too little too late for many and could leave some already struggling to survive with nothing at all. Insurers around the world have argued COVID-19 lockdowns …

S. African Insurers Bow to Policyholder Demands to Pay COVID Biz Interruption Relief

South African insurers are bowing to demands for the payment of losses that businesses suffered during the nation’s lockdown. Momentum Metropolitan Holdings Ltd.’s Guardrisk will make settlement payments to policyholders who submitted business-interruption claims for losses suffered when all but …

Swiss Re Corporate Solutions Granted So. Africa License

Swiss Re Corporate Solutions announced that its new wholly-owned subsidiary, Swiss Re Corporate Solutions Advisors South Africa Pty Ltd, is now licensed by the South African Financial Services Board to operate in the country as a Financial Services Provider (FSP). …