All South Africa articles
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S.African insurer Santam loses appeal in coronavirus case with hotelier
South Africa’s Supreme Court of Appeal has ruled Santam (SNTJ.J) is liable to cover the impact of COVID-19 restrictions on hotel group Ma-Afrika for 18 months, rejecting the insurer’s request for a shorter time frame on the claim, Santam said on Thursday. Globally, firms like Ma-Afrika have been fighting insurers’ ...
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$19 billion exposed at South Africa ports
Political unrest in the aftermath of Jacob Zuma’s sentencing has spread to Durban and Richard Bays Terminal - Russell Group
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Alexander Forbes open for deals after insurance sale to Sanlam
The South African retirement and investment adviser is boosting its surplus capital and selling its risk and retail business operations - which had insurance premium income of R1 billion at the end of March - to Sanlam.
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South African court dismisses insurer Guardrisk’s appeal in COVID-19 claims case
Like other insurers in South Africa and around the world, Guardrisk, the fourth largest non-life insurer in the country, has been battling with clients over its rejection of claims related to the impact of the pandemic on their businesses.
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South African court rules insurer Santam should pay hotel group’s virus-related claim
Globally, firms like Ma-Afrika, forced to close under coronavirus restrictions, have been fighting the rejection of claims made under business interruption policies. In South Africa, insurers say these policies did not apply to government lockdowns.