Can we expect similar outcome here in Australia as in the UK?
I guess the main issue here is that insurance contracts were signed while referring to the repealed Quarantine Act of 1908.
https://www.theage.com.au/business/banking-and-finance/insurers-deny-business-insurance-claims-as-battle-begins-20200605-p55000.html
Maybe they didn't read the small print
Now, does declaring the state of emergency give insurers a right to call on Force-majeure? Did something similar happen anytime before in Australia?
News: QBE UPDATE 1-British watchdog enlists eight insurers for pandemic test case, page-7
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add QBE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$16.88 |
Change
0.090(0.54%) |
Mkt cap ! $25.36B | |||
| Open | High | Low | Value | Volume |
| $16.86 | $17.05 | $16.83 | $56.90M | 3.361M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 12190 | $16.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.88 | 4009 | 1 |
View Market Depth
| Last trade - 16.10pm 23/07/2024 (20 minute delay) ? |
| QBE (ASX) Chart |