South African regulator rebukes insurers over virus claims

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!
The FSCA’s rebuke comes as the industry faces legal challenges for refusing to pay out customers on the grounds that business interruption is usually triggered by physical damage, such as a fire. Picture: iStock/ Olivier Le Moal
The FSCA’s rebuke comes as the industry faces legal challenges for refusing to pay out customers on the grounds that business interruption is usually triggered by physical damage, such as a fire. Picture: iStock/ Olivier Le Moal

BUSINESS

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in

E-Editions

Read the digital editions of City Press here.
Read now
Voting Booth
ANC secretary-general Ace Magashule has written a letter suspending party president Cyril Ramaphosa in apparent retaliation after he was served with a letter of suspension on Wednesday.
Please select an option Oops! Something went wrong, please try again later.
Results
He doesn't have the power
35% - 56 votes
It’s a declaration of war
22% - 34 votes
Nothing but a distraction
43% - 68 votes
Vote