Business interruption hit of £200m predicted by Aviva
The insurer said most of its BI policies do not cover impacts arising from Covid-19.
Aviva has suggested its claims exposure for business interruption caused by Covid-19 could be £200m in a trading update for Q1 2020.
Aviva is the latest insurer to be caught up in the dispute over business interruption cover. The Hospitality Insurance Group Action (HIGA), represented by Mishcon de Reya, has revealed that its group litigation will be focused on Aviva alongside QBE.
In the statement the provider reiterated that the vast majority of its policies do not cover BI claims arising
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