Lloyd's details coronavirus impact as it posts 2019 profits
Echoing the Association of British Insurers’ statement last week, Neal was blunt in asserting most business interruption policies didn’t provide cover for the current coronavirus pandemic.
He said:
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More on Lloyd's/London
Travel insurers set to make record levels of payments as a result of the coronavirus outbreak
We are helping customers in these challenging times and initial estimates show that travel insurers are expected to make record levels of payments as a result of the #coronavirus outbreak totalling more than the whole of 2019 https://t.co/Q8GSOC6w0O pic.twitter.com/QizLZYXv2p
— ABI (@BritishInsurers) March 24, 2020
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