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
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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 Chen
