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
Other stock markets
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5-day change | 1st Jan Change | ||
297 ZAR | +0.22% | -1.24% | +3.64% |
29/02 | Santam Ltd Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
29/02 | 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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+11.35% | 20.56B |