Allianz and Various Eateries have settled a long-running £16.4mn ($21.3mn) suit brought by the restaurant operator over the payment of claims related to business interruption (BI) losses suffered because of Covid-19 lockdowns.

A West End theatre owner has urged a UK appellate court to restart its long-running Covid-19 business interruption claim against Allianz, arguing that an earlier Commercial Court judgment was wrong to rule that its policy had not been triggered by the pandemic lockdowns.

The UK arm of French insurer Covéa has won its long-running dispute with Italian reinsurer Unipol over Covid-19 business interruption (BI) reinsurance recoveries, with a London appellate court upholding findings that the pandemic met the definition of “catastrophe” used in the policy.

Australia’s Federal Court has ruled against hearing a fresh wave of Covid-19-related business interruption (BI) claims as class actions, a move welcomed by insurers and which leaves SME policyholders to pursue the cases individually.

More than four years after the Covid-19 pandemic began, a UK appeals court has held in favour of a policyholder in a case likely to have wider implications for other insureds and for some of the outstanding reinsurance business interruption disputes that are set for arbitration.

An English appeals court has handed London’s ExCeL centre and other policyholders victory in a long-running Covid-19 test case, finding that the national pandemic lockdowns triggered the “at the premises” (ATP) clauses in their policies.

As insurers around the world contemplate developing public-private partnerships to insure future pandemic events after Covid-19, parametric structures are emerging as a front runner for platforms designed to assist smaller businesses.

Almost all conditions have been met to trigger the World Bank’s $320mn pandemic bonds by the Covid-19 pandemic except for the growth rate, which has not reached the necessary level to breach the parametric trigger.

UK insurers have returned to court in a bid to overturn a landmark Commercial Court judgment which found in favour of London’s ExCeL centre and other policyholders with “at the premises” business interruption (BI) cover.

Aviva has settled a long-running legal dispute with a number of Premier League football clubs – including West Ham United and Aston Villa – over the payment of claims related to business interruption (BI) losses suffered as a result of the pandemic lockdowns,

Insurers RSA and CNA have settled a long-running legal dispute with the owner of London's ExCeL conference centre over pandemic-related losses, in anticipation of a closely-watched appeal trial later this year.

A coalition of UK insurers has settled a long-running legal dispute with Premier League football club Tottenham Hotspur over the payment of claims related to business interruption (BI) losses suffered as a result of the pandemic lockdowns,

MS Amlin has revealed it is now “re-engaging” with the reinsurers of Syndicate 2001 over Covid-19 BI recoveries following the settlement of the long-running dispute with Britain’s biggest pub group Stonegate.

Mark Pring, partner at Reed Smith, takes a deep dive into two of the most recent UK rulings in the Covid-19 BI litigation saga and questions whether the cases could trigger a wave of disputes from insurers looking to apply the decisions unwarrantedly…