Axa granted leave to appeal Corbin & King verdict
Silence from the insurer on whether it will pursue the appeal.
Source: insuranceage.co.uk
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HSBC extends Marsh deal; Zurich to set up transformation Centre of Excellence; Pool Re completes expanded terrorism placement; and Howden acquires again
For the record: Post wraps up the major insurance deals, launches, investments and strategic moves of the week.
Source: postonline.co.uk
Is F&B the new black for hospitality?
The booking platform dedicated to the restaurant industry The Fork, indicates in its annual review 2021 the appeal of the French for the restaurant industry. As soon as the restaurants reopened on June 9, the properties recorded a boom in reservations 16% higher than those of 2019 at the same period.
Source: hospitality-on.com
Corbin & King: Denial of Access clause and Composite policy cover for COVID-19 | Bryan Cave Leighton Paisner
The Commercial Court has found in Corbin & King Ltd v Axa Insurance UK Plc (“Corbin & King”, available here) that a Non-Damage Denial of Access (“NDDA”) clause responds to COVID-19...
Source: jdsupra.com
"Delight" for Wolseley-owner as Axa loses BI case
The insurer said it would give the judgment “careful consideration”.
Source: insuranceage.co.uk