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KZN flood claim to exceed R1 billion.

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South African Insurance Association (Saia) on Friday estimated the damage in KwaZulu-Natal (KZN), which had been declared a State of Disaster after heavy rain and floods left a trail of destruction in the province, will be higher than R1.1 billion.

“The damage to infrastructure in KZN after the 2019 flash floods was estimated at R1.1 billion yet estimates for this this one already exceeds that,” it said in a statement, adding the devastation and loss of lives following the recent floods marked the worst natural disaster ever experienced in South Africa.
20 Apr 2022 5AM English South Africa Business News · Investing

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