Sasria says riot relief on track; R12.6bn paid out of R32bn claimed
The South African Special Risks Insurance Association (Sasria SOC Ltd) has so far received 100% of the 14051 claims, valued at R32 billion.
The South African Special Risks Insurance Association (Sasria SOC Ltd) has so far received 100% of the 14051 claims, valued at R32 billion.
In this piece, BizNews community member Barry Pringle laments that many businesses continue to struggle as a result of unpaid claims by SASRIA.
Stuart Pringle is concerned that, due to the sheer number of claims linked to social unrest in KZN, Sasria won’t be able to pay out in time.
Guardrisk and Hollard have committed to honour their customers Business Interruption claims following the recent Supreme Court of Appeal.