
Government’s Live Events Reinsurance Scheme paid out just once and generated £5.9m25th April 2023 | published by Aimen Rehman SHARE
The Government-backed Live Events Reinsurance Scheme, designed to offer live events operators cover during the Covid-19 pandemic, paid out just one single claim of £180,500 while generating nearly £6m in premiums to cover 169 events, according to official data seen by the Financial Times.
The scheme, first announced in August 2021, met with widespread criticism from the live events industry with it being repeatedly described as not...
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