Government launches £750 million Live Events Reinsurance Scheme in wake of coronavirus pandemic

A Government-backed insurance scheme will support the events and hospitality sector recover in the wake of the coronavirus pandemic, it has been revealed. The report comes after the announcement of the £750 million Live Events Reinsurance Scheme developed in collaboration with financial services provider Lloyds. Launching in September 2021, the uncapped cost indemnification scheme will…

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