Insurers estimate virus payouts to UK firms to be £1.2bn
Image copyright Getty Images Image caption UK companies face a cash flow crisis as many have been forced to close due to the lockdown
Payouts to UK firms over coronavirus could cost £1.2bn, initial estimates from the Association of British Insurers (ABI) indicate.
Close to £900m will go to a small number of firms that have infectious disease insurance, the ABI says.
Watchdogs are predicting a…