Short-term insurer Santam has opted to hold on to its interim dividend as it continues a legal battle over business disruption claims following the Covid-19 lockdown.
Santam has appealed an application brought against it in the high court in Cape Town by Cape-based hotel group Ma-Afrika Hotels, and is awaiting a ruling. Should the courts ultimately rule in Santam’s favour and determine that the lockdown is not an insured peril, then the amount paid will still be considered relief payments in respect of registered claims to policyholders and will not be recovered from policyholders, the group said.
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
WATCH: Covid-19 business interruption precedent awaitedMichael Avery talks to a panel about the ongoing legal battle for business interruption insurance payouts
แหล่ง: BDliveSA - 🏆 12. / 63 อ่านเพิ่มเติม »
Denny mushrooms owner Libstar holds on to cash as earnings dropCompany is unsure if high spending by consumers in the six months to end-June will continue
แหล่ง: BDliveSA - 🏆 12. / 63 อ่านเพิ่มเติม »