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INSURANCE LAW

Business interruption insurance and coronavirus : insurers sentenced to cover companies’ losses in various countries

All over the world, the economic crisis unleashed by the outbreak of covid-19 is hurting economies, regardless of income level. According to World Bank forecasts, the global economy will shrink by 5.2% this year.

INSURANCE LAW

“Businesses: insurance companies and the state must take responsibility”. The opinion column of J. Aubert, O. Marleix and J. Goy. (Free translation)

The three signatories call for the “creation of a simple mechanism to guarantee business interruption losses in the event of a pandemic, based on the natural disasters one”.