virus claims News

British insurer Hiscox reported a big loss for 2020 after a jump in claims from businesses disrupted by the COVID-19 pandemic and also faces “brand damage” from a legal dispute over policy wordings for pandemic-linked claims. Hiscox shares plunged 13% …

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 …