Sasria details problems it faced in dealing with claims from July riots

The original article can be found here.

Article highlights:

  • The South African Special Risks Insurance Association (Sasria) said that it had faced problems in addressing claims from the July anarchy.
  • It listed insufficient internal capacity to manage large losses, overstretched loss adjusters, clients struggling with the formulation of claims and fraud as some hurdles that it had encountered.
  • Sasria said that it had received just over 14,000 claims emanating from the July violence valued at R32 billion.