Covid: British companies win their case against their insurer

Tens of thousands of small British businesses will be able to obtain compensation from their insurer for losses suffered since the start of the crisis. The UK Supreme Court ruled on Friday that a number of insurance policies covering loss were working in the event of the Covid-19 pandemic and lockdowns imposed by the UK government.

This final legal decision must provide a definitive answer to some 370,000 companies concerned by this case while the debate on the assumption by insurers of so-called operating losses of companies victims of confinement has poisoned the insurance sector. in many countries from the onset of the crisis. It follows a first ruling by a British court that was generally favorable to companies, handed down last September.

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