Force majeure: Global and Indian re/insurers not to pay any claims of  travel policyholders disrupted by airport shutdown and flight cancellation

Force majeure: Global and Indian re/insurers not to pay any claims of travel policyholders disrupted by airport shutdown and flight cancellation

“Most of our travel policies have an exclusion that doesn’t cover situations arising due to acts of any public authority like governments forcing airports to shut down,’’ said a senior official of a state owned general insurance company Mumbai: With further...