Locked-down UK hospitality firms threaten to take on big insurers [Reuters]
QBE INSURANCE GP S/ADR (QBIEY)
NASDAQ:AMEX Investor Relations:
group.qbe.com
Company Research
Source: Reuters
Locked-down UK hospitality firms threaten to take on big insurers LONDON (Reuters) - Top insurers such as AXA ( AXAF.PA ), RSA ( RSA.L ), QBE and Zurich face a potential multi-million pound lawsuit from British pubs, hotels, restaurants and leisure groups, who allege that legitimate business interruption claims have been rejected. A new Hospitality Insurance Action Group (HIGA) on Wednesday issued a “call to arms” to the sector to step forward and have their policies checked for free in the latest move to tackle insurers over their response to the coronavirus pandemic. The most stringent government lockdown in peacetime history, ordered in March to slow the spread of a disease that has caused more than 24,000 British deaths to date, has left businesses struggling for survival and the economy facing a deep recession. Lawyers at Mishcon de Reya — who are already advising a separate action group against Hiscox ( HSX.L ), a leading insurer of small and medium sized businesses — said
Show less
Read more
Impact Snapshot
Event Time:
QBIEY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
QBIEY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
QBIEY alerts
High impacting QBE INSURANCE GP S/ADR news events
Weekly update
A roundup of the hottest topics
QBIEY
News
- RiverStone seals LPT deal with Zurich France group [Yahoo! Finance]Yahoo! Finance
- AM Best Assigns Credit Ratings to QBE Capital (Global) Ltd. and QBE Capital Ltd. [Yahoo! Finance]Yahoo! Finance
- QBE Insurance Group (ASX:QBE) shareholders have earned a 23% CAGR over the last three years [Yahoo! Finance]Yahoo! Finance
- QBE North America Highlights Risks and Insurance Coverage Insights in Digital Health Insurance Report [Yahoo! Finance]Yahoo! Finance
- QBE North America Highlights Risks and Insurance Coverage Insights in Digital Health Insurance ReportPR Newswire