Printed from

QBE expects UK business interruption claims of $75 million

Posted On: May. 25, 2020 6:23 AM CST

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.

Read more.