Tourism, hospitality sector 'step closer to having insurance claims resolved fairly'

Tourism, hospitality sector ’step closer to having insurance claims resolved fairly’
By Athandile Siyo
Share
Cape Town – Insurance Claims Africa (ICA) says it believes businesses in the tourism and hospitality sector are a step closer to having their claims resolved fairly, as Santam abandoned most of its intended appeal to the Supreme Court of Appeal, save for the length of the indemnity period.
The Western Cape High Court in November found that the insurance company was liable to pay for business interruption losses due to the Covid-19 lockdown, ordering it to pay 18 months’ worth of losses to Ma-Afrika Hotels and Stellenbosch Kitchen.

Related Keywords

Cape Town ,Western Cape ,South Africa ,Stellenbosch ,Ma Afrika Covid ,Bryan Woolley ,Supreme Court ,Cape High Court ,Ma Afrika Hotels ,Insurance Claims Africa ,Western Cape High Court ,Contingent Business Interruption ,கேப் நகரம் ,மேற்கு கேப் ,ரியான் கம்பளி ,உச்ச நீதிமன்றம் ,கேப் உயர் நீதிமன்றம் ,மேற்கு கேப் உயர் நீதிமன்றம் ,தொடர்ந்து வணிக குறுக்கீடு ,