S. Africa Insurer Santam Begins Processing 4,000 Business Interruption Claims January 25, 2021 By Promit Mukherjee JOHANNESBURG— South African insurer Santam Ltd. said on Monday it will start processing business interruption claims for all commercial policies...
S. Africa Medical Insurers, Business Groups, Government to Fund Vaccines for Uninsured January 5, 2021 By Antony Sguazzin South African medical-insurance companies, business organizations and the government are developing a program in which the private sector will help...
South African Insurer Santam Accepts Liability for Some Rejected COVID-19 Claims January 4, 2021 JOHANNESBURG – South African insurer Santam will begin assessing payouts for some previously rejected coronavirus-related claims after recent court judgments...
S. African Insurer Guardrisk Will Not Challenge Court Ruling on COVID-19 Claims December 18, 2020 JOHANNESBURG – South African insurer Guardrisk will not further challenge a court process that has found it liable to pay...
South Africa Court Dismisses Insurer Guardrisk’s Appeal in Coronavirus Claims Case December 17, 2020 JOHANNESBURG – A South African court on Thursday dismissed insurer Guardrisk’s appeal against a previous ruling that found it was...
South African Insurer Santam to Appeal COVID-19 Business Interruption Ruling November 20, 2020 Santam said on Friday it would appeal against a court ruling that found South Africa’s largest non-life insurer liable to...
South African Insurer Santam Loses COVID-19 Business Interruption Test Case November 18, 2020 By Roxanne Henderson A Cape Town court ordered Santam Ltd. to pay out business-interruption claims to two South African hospitality companies, potentially opening...
S. Africa’s Regulator to Clarify Policyholders’ Rights in Pandemic Insurance Claims August 7, 2020 By Emma Rumney South Africa’s financial watchdog is consulting with lawyers and the insurance industry on a potential test case to clarify whether...
S. Africa Insurers’ COVID-19 Payments May Be Too Little, Too Late, for Some Businesses July 31, 2020 By Emma Rumney and Joe Bavier South African small businesses fighting rejected coronavirus-related claims said insurers’ offers of relief are too little too late for many...
S. African Insurers Bow to Policyholder Demands to Pay COVID Biz Interruption Relief July 29, 2020 By Roxanne Henderson South African insurers are bowing to demands for the payment of losses that businesses suffered during the nation’s lockdown. Momentum...