Insurers May Not Cover Business Losses Related to Hong Kong’s Shutdown Orders After Lessons from Sars Outbreak

Companies affected by the Hong Kong government’s shutdown orders during the coronavirus pandemic are unlikely to win business interruption insurance or force majeure claims after a record payout in the past health crisis, experts said.

Depending on the exact wording of the policy, the triggers for coverage are that there must be the closure of the premises by order of a public authority as a result of an outbreak of a notifiable disease.

— Tow Lu Lim, partner at Mayer Brown

Continue reading on the South China Morning Post.

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