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Tag Archives | Business Insurance

insurance-claim

Business Insurance Update – Santam commences calculation of valid claims

“In light of the SCA (Supreme Court of Appeal) judgment, the FSCA now expects the non-life insurance industry to honour its CBI cover obligations and to make payment of valid CBI claims without delay. Discussions between the non-life insurance industry and reinsurers should be expedited to ensure that policyholders who have already suffered huge financial […]

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law

Business Insurance Update – Three important court cases concluded next week

South African short-term insurers and their clients are awaiting two very important outcomes next week: the Supreme Court of Appeal judgment in the Café Chameleon case involving Guardrisk, and the Ma- Afrika case against Santam in the Cape High Court. Some businesses with Covid-19-related losses in the UK will not have business interruption cover in […]

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