Three years of relentless shocks – Covid-19, rioting and the flash floods in KwaZulu-Natal - have caused billions of rands worth of claims. And the cost of cover is likely to soar.
Insurers bracing for claims due to Table Mountain fires
By Edward West
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CAPE TOWN - THERE is no tally yet of the numerous insurance claims likely to arise from the devastating fires that raged on Table Mountain yesterday and burnt down several UCT buildings and other structures.
City of Cape Town spokesperson Luthando Tyhalibongo said yesterday morning that several buildings at UCT, including the library and student accommodation buildings, the Rhodes Memorial and its restaurant, the Mostert Mill historic windmill, other structures and an unknown number of vehicles had been destroyed.
He said all available resources to prevent loss of life and further damage, including hundreds of firefighters from around the city and four helicopters, had been mobilised by the City and SA National Parks, which controls the mountain land.