Covéa and Markel win Covid BI reinsurance disputes
Covéa and Markel have won a court battle to secure reinsurance cover for Covid-19 business interruption losses.
Covéa’s reinsurer Unipol Re, and Markel’s reinsurer Gen Re had both sought to deny cover on the basis that there wasn’t a qualifying “catastrophe” for the two insurers’ losses to aggregate around, and
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