South African court orders Santam to pay hotel group’s BI losses

In the second Covid-19 business interruption ruling to come out of South Africa, a Cape Town court has ordered Santam to pay the claims of a hotel group and a restaurant, with the judge agreeing with the approach adopted in the UK’s Financial Conduct Authority (FCA) matter. 

 

Want to read this article?

 

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

+44 (0) 77 4160 9204

andy.stone@thomsonreuters.com

    Ricky Lamey

    Business development executive

    ricky.lamey@thomsonreuters.com