ca 002/2024

LALS HOLDINGS v EMIRATES INSURANCE COMPANY [2024] DIFC CA 002 — Insurance policy interpretation regarding pandemic-related business interruption (03 July 2024)

The dispute centered on the refusal of Emirates Insurance Company (EIC) to indemnify the LALS Group for business interruption losses incurred during the COVID-19 pandemic. LALS, a retail conglomerate operating across the GCC, sought coverage under Property All Risk and Business Interruption…