Overall recovery boosts Santam's profits
Insurance claims reach the highest level in the company's history.
Source: moneyweb.co.za
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Santam loses multimillion-rand payout battle
Abandoned their customers in their darkest time of need
Source: iol.co.za
Insurance firm ordered to pay tourism businesses for lockdown losses
Businesses in the tourism sector must be paid out by insurance giant, Santam, for claims lodged regarding lockdown losses the court has ruled.
Source: thesouthafrican.com
Santam loses court appeal and ordered to pay full Covid-19 claims
The SCA dismissed the insurer’s appeal and upheld the Western Cape High Court’s finding that Santam was liable to indemnify its clients for the full period business was interrupted due to the lockdown.
Source: iol.co.za
Santam loses big business interruption insurance appeal case
Court dismisses appeal with costs in big win for Ma-Afrika Hotels and Stellenbosch Kitchen, while insurer concedes defeat saying it accepts the decision.
Source: moneyweb.co.za