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Full Federal Court Ends QBE and Lloyd's COVID Business Interruption Class Actions

QBE Insurance logoQBE Insurance
Sig4.12Sen+2.18Env0.00Soc-1.46Gov+1.22

Businesses appealed after a judge had ended COVID business interruption class actions, but the Full Federal Court re-ran the analysis and reached the same result for QBE and Lloyd’s. The court said low take-up and diverse policy wording meant there was little common basis. It declined to function as a claims-processing clearing house and directed insureds to QBE and Lloyd’s complaint processes and then AFCA.

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