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QBE expects UK business interruption claims of $75 million


Australia's QBE Insurance Group Ltd. expects its business interruption insurance claim payouts to be limited to $115 million Australia ($75 million) in the United Kingdom because of reinsurance, 9Finance reported. The insurer said it usually provides business interruption insurance as part of a broader policy covering property damage and noted its business interruption policies typically do not cover claims arising from the COVID-19 pandemic.

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