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Mall owners score win in court battle over COVID-19 BI claim


South Africa’s Gauteng High Court has ruled in favor of the owners of Fourways Mal, in their attempt to claim over 1 billion South African rand ($54 million) from insurers for COVID-19-linked business interruption, IOL reported. The bulk of the insurance claim was from AIG South Africa Ltd., while other defendants are Guardrisk Insurance Co. Ltd., Bryte Insurance Co. Ltd., Old Mutual Insure Ltd., and Insurance Underwriters Managers.

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