Insurers bounce after UK court delivers verdict on Covid-19 claims

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By Tyler Davies
15 Sep 2020

Investors think that insurance companies will be able to deal with the cost of business interruption (BI) claims relating to Covid-19, even though the UK High Court found in favour of policyholders in a test case this week.

The UK High Court was asked to decide whether insurers were liable for BI claims where losses had been incurred as a result of the coronavirus lockdown. 

In a judgment on Tuesday morning, the court found in favour of policyholders on a majority of the key issues. 

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