Allianz Sees Surge In Claims From Entertainment Industry

Law360, London (October 6, 2020, 1:11 PM BST) -- The specialist division of German insurer Allianz said on Tuesday that it has set aside €488 million ($575 million) for claims linked to COVID-19 restrictions, most of which is expected to come from the film, TV and events industry.

Allianz Global Corporate and Specialty said in a report that it has received "thousands" of claims over canceled live events or delayed film productions. The claims stem from restrictions imposed by governments around the world, many of which have resulted in a payout.

"The cancellation or postponement of events and productions is one of the largest sources of COVID-19-related losses for the global...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Related Sections


Government Agencies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!