27 Apr 2004

Fiji insurance companies refuse to pay for water damage

3:24 pm on 27 April 2004

Some insurance companies operating in Fiji are reported to be refusing to pay for water damage during flash floods in the capital of Suva this month.

The president of the Suva Retailers Association, Himmat Lodhia, says they do understand that insurance companies are there to make money.

But, Mr Lodhia, says the business community wants to be treated fairly by insurance companies to whom they have paid premiums.

Suva businesses estimate that water damage in the capital during the floods exceeded 1.8 million US dollars.