Caesars sues insurers including AGCS, AIG, Chubb and Lloyd’s for $2bn
  • X
  • LinkedIn
  • Show more sharing options
  • X
  • LinkedIn
  • Free trial
  • Log in

Caesars sues insurers including AGCS, AIG, Chubb and Lloyd’s for $2bn

Bernard Goyder
March 22, 2021
  • X
  • LinkedIn
  • Show more sharing options
  • X
  • LinkedIn
Caesars Palace Vegas May 29 2018 alamy.jpg
Photo: Alamy Stock Photo

Caesars Entertainment, one of the largest casino operators in the US, is suing its entire tower of insurers, including Allianz Global Corporate & Specialty, AIG, Chubb and 22 Lloyd’s syndicates for $2bn over an unpaid Covid-19 business interruption claim.

Caesars said it had paid $25mn in premiums for a “top of the line, all-risk policy” which incepted in May 2019.

The

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Legal Property
BG
Bernard Goyder
Gift this article