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Aoife Hay on Muck Rack

Aoife Hay

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Articles

Attempt To Rectify Policy To Allow Recovery Of €160m Covid-19 Business Interruption Losses Refused By The Commercial Court

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By Aaron Le Marquer, Arjun Dhar, Aoife Hay
| Mondaq
In CP Holdings Limited and Ors v Assicurazioni Generali SpA and Ors [2026] EWHC 1520 (Comm), the Commercial Court rejected an attempt by the insureds to recover approximately €160m in Covid-19 business interruption losses under a global insurance programme. The court held that a willingness “in principle” to agree a conformity clause did not amount to an agreement and therefore could not support a rectification claim.
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