WATCH: What do the floods in KwaZulu-Natal mean for the insurance industry?

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Business Day TV talks to Tarina Vlok, MD of Elite Risk Acceptances

The flooding in KwaZulu-Natal has caused severe devastation to infrastructure, homes and businesses, with the insurance industry expected to receive numerous

claims. Business Day TV spoke to Tarina Vlok, MD of Elite Risk Acceptances, a division of Old Mutual Insure, for a look at what the floods mean for the sector.

 

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They are adequately reinsured

Force majeure.

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