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Insurers exclude Ebola from new policies

22 Oct, 2014

U.S. and British insurers are writing exclusions into standard policies to cover hospitals, event organizers and other businesses vulnerable to local disruptions. That means new policies and renewals will become costlier for companies that insure business travel to west Africa or to cover the risk of losses from quarantine shutdowns at home. Gary Flynn, an event cancellation broker at Jardine Lloyd Thompson Group Plc in London:

What underwriters are doing at the moment is they’re generally providing quotes either excluding or including Ebola – and it’s much more expensive if Ebola is included