Business interruption, Financial lines, Legal, Non-life

Thai luxury resort set to recoup millions after QBE and MS First withdraw appeal on Covid-19 BI claims: Report

After a legal dispute spanning over two years, the insurers withdrew their appeal against a business interruption claim by Le Meridien Phuket resort, paving the way for potential recovery of several million dollars in claims.

Editorial team

October 19, 2023

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2 min read

New Standards.New Stage.Real Recognition. Entries Closing Soon. Apply now → Entries close
25 September

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Market conditions continue to evolve as businesses review their priorities and plans for growth. The pace of change varies across the region, with local factors shaping how organisations respond.

Attention is turning to the balance between near-term opportunities and longer-term objectives. Decisions made today will help determine how businesses adapt as conditions develop.

While the outlook remains varied, the broader direction reflects a market adjusting to new demands. The implications will become clearer over time as plans move into practice.

New Standards.New Stage.Real Recognition. Entries Closing Soon. Apply now → Entries close
25 September