Unlocking the Other Circumstances Clause & Wide Area Damage in Business Interruption Insurance

Unlocking the Other Circumstances Clause & Wide Area Damage in Business Interruption Insurance

In today’s complex claims environment, one clause continues to spark debate and drive disputes – the ‘Other Circumstances’ Clause’. Often tucked away in Business Interruption policies, this clause has far-reaching implications for how losses are calculated, particularly in the wake of wide area damage (WAD) events such as natural catastrophes, pandemics or geopolitical disruptions. With landmark cases like Orient-Express Hotels and the UK Supreme Court’s FCA Test Case reshaping interpretations globally – but with Asia charting its own course – claims professionals face mounting challenges in quantifying losses fairly.

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This session explores the clause’s role, the legal evolution through case law, and its impact on BI claim assessments. Real-world examples help participants understand the challenges and approaches used by courts and insurers, especially within the Asian context.

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Webinar Outline

• Welcome & Introduction
  
  • Context: The relevance of OCC in catastrophe losses
  • Goals of the session: What attendees should walk away with
• Understanding the Other Circumstances Clause
  
  • What it is and where it fits in a BI policy
  • Why it matters in WAD loss scenarios
• Legal Landscape: How Courts Have Interpreted OCC
  
  • Key case(s): Orient-Express Hotels (2010) , UK FCA Test Case (2021) and
  • Case law in the Asian Jurisdiction
  • Implications for claims handling
• Real-World Applications & Claims Implications
  
  • Practical impact on loss quantification
  • Common issues and lessons for claims professionals in Asia
• Q&A and Discussion
  
  • Addressing participant questions
  • Sharing experiences and perspectives

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Save the Date:

• 19 August 2025

• 2.30 p.m. to 3.30 p.m.

• Complimentary Webinar

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For more information, contact TT@scidomain.org.sg

More details will follow.