Santam News

S. African Insurer Santam Loses Appeal in Coronavirus Case With Hotelier

JOHANNESBURG, — South Africa’s Supreme Court of Appeal has ruled Santam 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 …

S.African Insurers Old Mutual, Guardrisk Offer to Settle With Virus-Hit Firms

JOHANNESBURG — South African insurers Old Mutual and Guardrisk are to offer settlements to small business clients fighting rejected claims related to the impact of the country’s coronavirus lockdown. In line with the industry globally, South Africa’s insurers have declined …