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Insurance Claims Africa said that only a third of its clients holding a business interruption insurance policy have qualified for payment from South African insurers, Business Day reports. ICA represents around 700 businesses in the tourism and hospitality industry in their battle to get large insurers to pay COVID-19 pandemic-related business interruptions claims.
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2. Zurich Insurance to stop underwriting new oil and gas projects
3. Bermudan, European reinsurers to suffer major hit from bridge collapse
4. Tycoon gets death sentence for multi-billion-dollar fraud
5. Inflation drives 10% increase in sum insured for windstorms
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