United Kingdom: Government Measures

The UK Supreme Court has ruled on whether government furlough payments received during the COVID-19 pandemic must be deducted from business interruption insurance claims under policy savings clauses. The decision addresses fundamental questions about the economic substance of government relief measures and their treatment under the indemnity principle, with significant implications for insurers and policyholders navigating similar disputes.

The facts of the case in brief: Baroness Hallett has asked the Government to disclose all messages between officials and ministers relating to the Covid Inquiry.

The High Court has held that a notice of termination served in April 2020, following the outset of the Covid-19 pandemic, under a force majeure ("FM") clause...