Goji Studios in Wan Chai is among shops or businesses forced to close under Hong Kong’s tightened measures to combat the coronavirus pandemic as infection cases jump. Photo: Xiaomei Chen
Insurers may not cover business losses related to Hong Kong’s shutdown orders after lessons from Sars outbreak
- Companies affected by shutdown orders may struggle to win business interruption insurance or force majeure claims against insurers, experts say
- Insurers have tightened on pandemic under such policies after suffering record payout during 2003 Sars outbreak
Goji Studios in Wan Chai is among shops or businesses forced to close under Hong Kong’s tightened measures to combat the coronavirus pandemic as infection cases jump. Photo: Xiaomei Chen
