Recent Legal Developments in Business Interruption Insurance – Coverage Issues and Wider Implications perhaps for the Middle East

The English High Court has recently handed down a judgement in a test case related to “Business Interruption” insurance in the context of the COVID19 pandemic, which provides an interesting angle in respect of coverage issues and general English law [insurance] contract interpretation. The Financial Conduct Authority v Arch and Others[1] essentially addressed the legal…

UAE Insurance Regulatory Round-up 2020

For those busy insurance/reinsurance professionals out there, BSA have provided a snap-shot of last year’s UAE insurance laws and what to watch out for in 2021. The formal declaration of the outbreak of Coronavirus as a pandemic (Covid-19) on 11 March 2020 sent shockwaves around the world and the insurance industry has been hit hard.…