Hiscox Covid-19 loss estimate static despite early payout errors
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Hiscox Covid-19 loss estimate static despite early payout errors

Rachel Dalton
08 March 2021
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Hiscox has stated that it made errors in the calculation of preliminary offers on pandemic BI payouts sent to customers in recent days, although the carrier told this publication its Covid-19 loss estimate remains at $475mn.

The Sunday Times reported that Brighton escape room business owner Phil Harris expected a payout from Hiscox following the January Supreme Court judgment on Covid-19 losses, only to be told in a letter that he was entitled to nothing.

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Topics

News Property Hiscox Legal Claims and losses
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Rachel Dalton
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