Brief: Emerald Holding Submitted Insurance Claims For Each Of Its 2020 Cancelled Shows Equal To Approx $162 Mln

Emerald Holding

22/02/2021 21:36

Feb 22 (Reuters) - Emerald Holding Inc  EEX.N :
    * EMERALD HOLDING - TO DATE, SUBMITTED INSURANCE CLAIMS FOR
EACH
OF ITS 2020 CANCELLED SHOWS EQUAL TO APPROXIMATELY $162 MILLION
UNDER APPLICABLE POLICY
    * EMERALD HOLDING INC - INSURANCE CLAIM PAYMENTS RECEIVED TO
DATE
BY COMPANY FOR EVENTS CANCELLED IN 2020 TOTAL APPROXIMATELY $107
MILLION
    * EMERALD HOLDING - ON FEBRUARY 22, 2021, COMPANY FILED A
COMPLAINT AGAINST ITS EVENT CANCELLATION INSURERS, WHO ARE
LLOYD'S OF LONDON MARKET COMPANIES
    * EMERALD HOLDING - UNDER COMPLAINT, SEEKING TO ENFORCE
RIGHTS
UNDER POLICIES TO RECEIVE MAXIMUM APPLICABLE COVERAGE FOR
2020,2021 EVENT CANCELLATIONS

Source text: (https://bit.ly/3qM3CH1)
Further company coverage:  EEX.N 

 ((Reuters.Briefs@thomsonreuters.com;))