Insurance claims on the rise due to Covid-19
The insurance industry has experienced a surge in claims, largely due to Covid-19, with the situation unlikely to change any time soon.
In a statement accompanying the financial results for the half-year period, Botswana Insurance Holdings Limited (BIHL) CEO, Catherine Lesetedi revealed there has been an increase in claims due to general excess and mortality and Covid-19.
Lesetedi grimly noted that the uncertainty surrounding the arrival of vaccines means the situation is likely to continue for a while.
“The unprecedented level of exce...
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In this article:BIHL, Botswana Insurance Holdings Limited, Business, Catherine Lesetedi, Voice Money
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