UK & Europe
Insurance & Reinsurance
2020 was a very unusual year. The global pandemic caused major disruption to lives and businesses and resulted in a dramatic economic downturn.
This posed many (ongoing) challenges for financial institutions (FIs), directors and officers (D&Os) and professionals and whilst we are not yet seeing many covid-related claims against FIs, D&Os and professionals, we expect such claims to emerge in due course. For now, we look back at key developments plus an overview of the case law impacting financial and professional lines.