Analysis

Tariff-linked supply chain disruptions ‘worse than Covid’, complicating business interruption

By 2025-09-05T07:00:00

expect delays

’The problems that these businesses are now having to solve are ones of financial and economic assessment that interfere with the supply and demand curve, rather than ones of physical production and distribution capacity,’ says head

In the 12 months to October 2022, the UK recorded its highest-ever inflation rate of 11.1%, marking a clear post‑pandemic inflection point in cost pressures for businesses and insureds.

According to a Marsh McLennan article published in June that year, entitled Inflation implications for property and business interruption policies, this inflationary spike tested business interruption policies.

 

Read more…

Explore more news analysis here, or discover more claims related articles here

You need to register to continue reading the rest of this article and more for free.
(If you’re already registered, please sign in here.)

REGISTER NOW FOR FREE

We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.

Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:

  • Uncover Secrets: Dive deep with exclusive annual reports, fueled by expert insights.
  • News That Matters: Award-winning coverage & analysis, delivered to your inbox.
  • Stay Ahead, Your Way: Daily or weekly - choose your news rhythm.
  • Own Your Learning: Curate your knowledge with a personalized library.

Register for FREE now and Keep Reading

Stay on top of the insurance game with our subscription! Get unlimited access to over 80,000 articles, in-depth analysis, exclusive reports by industry experts, and our Five-Star rating system to compare companies and find the best fit for your business needs - view subscription options.