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Reinsurer Loses Appeal Over £69M COVID Catastrophe Claim

By Ronan Barnard ( September 30, 2024, 8:53 PM BST) -- An Italian reinsurer has lost its challenge against French insurer Covéa Insurance PLC's COVID-19 business interruption claim, with a London appellate court on Monday upholding findings that the pandemic met the definition of "catastrophe" used in the policy....

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