Tags : looting

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SASRIA and pay-outs: How much will it cost to pay

After already facing severe impacts because of the Covid-19 pandemic, South Africa faced new challenges and a hit to its economy during July, following unrest and looting in Gauteng and KwaZulu-Natal, costing businesses billions, and leading to claims worth over R6 billion, putting a significant amount of pressure on the South African Special Risk Insurance Association (SASRIA). Read more.