UK heavyweights lobby gov to release £1bn Pool Re funds for Covid-19 payments

Pool Re – Westminster and city of London

The UK’s largest insurers has formally asked the government to release £1bn ($1.23bn) from the industry’s state-backed terrorism carrier Pool Re to distribute to SME businesses affected by the Covid-19 lockdown, in a move that may be opposed by members of the mutual who are unaffected by the growing controversy ...

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