Fourways Mall owners take on insurers over business interruption claims

Azrapart and Accelerate Property are seeking at least R584m from AIG, Old Mutual Insure, Bryte Insurance Company and Guardrisk for loss of rental income due to lockdown restrictions

13 February 2022 - 00:04
By Nick Wilson

The joint owners of Fourways Mall, SA’s largest shopping centre, are taking their main insurer AIG South Africa and others to court in a bid to be paid at least R584m for loss of rental income due to lockdown restrictions.

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