Sasria puts total rioting claims bill at up to $1.33bn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

Sasria puts total rioting claims bill at up to $1.33bn

Samuel Casey
25 August 2021
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
(210712) -- JOHANNESBURG, July 12, 2021 (Xinhua) -- A police officer deals with protesters looting a shop in Johannesburg, South Africa, on July 12, 2021. Soldiers have been deployed in KwaZulu-Natal and Gauteng provinces to deal with violent protests and
Photo: Alamy

South African state-owned political violence insurer Sasria has estimated that the final claims bill from the spell of rioting last month will reach 19bn-20bn rand ($1.27-$1.33bn).

The insurer said that it had registered over 95% of all claims related to the incident of civil unrest, which saw the country descend into violence and turmoil after ex-president Jacob Zuma was jailed after failing to appear in...

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Re/insurers Claims and losses PV/Terror Reinsurers
sam casey/sam casey ii red.png
Samuel Casey
Senior Reporter
Contact
Gift this article