High Court ruling opens door to fresh wave of Covid insurance claims
The High Court has ruled in favour of a group of businesses, including London’s ExCeL venue, PizzaExpress and a Mayfair nightclub that are seeking insurance payouts for Covid-19 losses, in a closely watched judgment predicted to unleash a fresh wave of claims.
The judgment, handed down on Friday, applied to ExCeL — which is seeking a £16mn payout against insurers including RSA and Allianz — and a dozen other claimants, in one of the most significant legal battles since a Supreme Court victory for policyholders two years ago.
This story originally appeared on: Financial Times - Author:Ian Smith
