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Coronavirus UK Live Events Reinsurance Scheme

11 August 2021

HM Treasury has announced that the Government has partnered with the Lloyd's insurance market to offer at least £750 million worth of support to the events sector – under the new Live Events Reinsurance Scheme, companies will be able to purchase protection against certain COVID-19 event cancellation risks.

In this briefing, we outline the Scheme by comparison to similar initiatives from the UK and elsewhere, and highlight potential issues which may arise.

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