Printed from

Insurer pays COVID-19 business interruption claims

Posted On: Jun. 26, 2020 7:51 AM CST

South Africa-based insurer OUTsurance Holdings Ltd. has set aside 220 million South African rand ($13 million) for business interruption claims related to the COVID-19 pandemic, Moneyweb reported. Natasha Kawulesar, spokesperson of the insurer, said that OUTsurance has already paid out nearly 135 such claims worth around ZAR 37 million to clients in the hospitality industry.

Read more.