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    J.S. Held @JS_Held

    a month ago

    Often, forensic accountants face practical challenges when calculating business interruption (BI) losses. These issues have been highlighted by recent claims following COVID-19 and the 2024 storm in the UAE which caused widespread flooding and high volumes of claims. In this article, Daniel Thorpe examines how complexities linked to matters such as “non-damage” and “disease” extensions in COVID-19 related-claims and BI coverage in flood-related claims revealed widespread misunderstandings of insurance policy wording. He discusses several terms, phrases, and definitions that may cause confusion as well as other pitfalls stakeholders should know as it concerns calculating gross profit. To learn more, visit: jsheld.com/insights/artic… #FindYourExpert #BusinessInterruption #COVID19 #UAEFloods

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