UK baker Greggs Plc filed a $137 million (拢100 million) legal claim against Switzerland’s Zurich Insurance Group in a disagreement over a pandemic-related insurance payout, according to a report in the Sunday Times.
The chain claims it is entitled to that amount of compensation for when its stores had to close during government-enforced lockdowns last year, but Zurich thinks Greggs is only entitled to $3.4 million (拢2.5 million), according to filings lodged in the High Court last week, the paper said.
In January, the UK Supreme Court rejected an appeal by insurers against COVID-19 payouts, ruling that in most cases insurers should pay up for business interruption costs.
Copyright 2026 Bloomberg.
Was this article valuable?
Here are more articles you may enjoy.
Electric Bills in Coal Country West Virginia Now Top Mortgage Payments 
Marsh Aims to Be ‘AI Winner’ by Focusing on Gains in Growth, Productivity, Efficiency 
AI Ruling Prompts Warnings From Lawyers: Your Chats Could Be Used Against You 
State Farm Agrees to $15M Settlement for Underpaid Vehicle Claims 
