It will cover a total base of Santam's 4,000 commercial clients who have claimed interruption to their business due to the lockdown, said Santam in a statement to the stock exchange.
(Reporting by Promit Mukherjee, editing by Louise Heavens)
End-of-day quote
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5-day change | 1st Jan Change | ||
298.3 ZAR | +0.79% | +0.12% | +4.10% |
Feb. 29 | Santam Ltd Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Feb. 29 | Transcript : Santam Ltd, 2023 Earnings Call, Feb 29, 2024 |
JOHANNESBURG (Reuters) - South African insurer Santam Ltd said on Monday it will start processing claims for business interruption for all commercial policies that were affected by a coronavirus-led lockdown in April beyond just the claims under its hospitality and leisure division.
It will cover a total base of Santam's 4,000 commercial clients who have claimed interruption to their business due to the lockdown, said Santam in a statement to the stock exchange.
(Reporting by Promit Mukherjee, editing by Louise Heavens)
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+22.85% | 45.44B | |
+25.26% | 34.82B | |
+49.40% | 28.94B | |
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0.00% | 21.65B |