Steve Cooklin Jon Moulton India covid-19 pandemic vaccine Steve Cooklin Jon Moulton India

Investors vie for windfall from rejected covid insurance claims

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insurance claims for policyholders without the means or stomach for taking their insurers to court.Also Read | India speeds up vaccination drive“This is going to be huge," said Steve Cooklin, chief executive officer of London-based litigation funder Manolete Partners Plc, whose biggest shareholder is veteran distressed investor Jon Moulton. “It’s hard to say at this stage how big exactly this issue is, but it’s probably going to be in the hundreds of millions of pounds."Insurers have warned that Covid-19 coverage claims could top as much as $100 billion –- potentially the industry’s largest loss in history.

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