Covéa set for arbitration with Swiss Re on Eur500mn+ pandemic claims

French mutual Covéa and Swiss Re have appointed arbitrators over the reinsurer’s refusal to cover up to Eur1bn of non-damage business interruption claims paid out as a result of the Covid-19 pandemic, according to reports.

 

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      Reinsurance
      Business interruption
      COVID-19
      Legal dispute
      Losses
      Swiss Re