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Insurers reject COVID-19 business interruption claims

Posted On: Jul. 21, 2020 8:00 AM CST

South African insurers have rejected COVID-19 pandemic-related business interruption claims of at least 2,000 companies belonging to the entertainment and hospitality industry, Sowetan reports. Insurers, including Santam Ltd., said the losses were not due to the pandemic but linked to the government-imposed lockdown.

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