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 ChenGoji 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
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
Business

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
Topic |   Insurance
Kathleen MagramoEnoch Yiu
Kathleen Magramo and Enoch Yiu

Updated: 9:45pm, 12 Apr, 2020

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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 ChenGoji 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
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
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