beale & co – HIGH COURT ISSUES FURTHER GUIDANCE ON AGGREGATION AND GOVERNMENT SUPPORT IN RELATION TO COVID BUSINESS INTERRUPTION CLAIMS

On October 17th 2022, the High Court ruled in Stonegate Pub Co. Ltd. V MS Amlin Corporate Member Ltd and others, Greggs PLC v Zurich Insurance PLC, and Various Eateries Trading Ltd. V Allianz Insurance PLC that insurers can deduct the value of COVID furlough support given to a policyholder from their business interruption claims. The insurers’ argument on the issue of aggregation was rejected.