Life insurer Old Mutual announced that it had settled Covid-related death claims of about R2-bn in the three months to the end of March. Only R1.3-bn is left in the reserves kitty and it is monitoring the situation amid emerging signs of a third wave of infections, reported Business Day (24 May 2021). Life insurance companies have been at the coalface of the pandemic, which has killed more than 55 500 people in SA since its outbreak.

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