French chef asks Allianz for $ 1.9 million for lost Biz earnings during COVID lockdowns

Three-Michelin-starred French chef is asking Allianz SE for 1.6 million euros ($ 1.9 million) in insurance claims for losses suffered by its restaurants during the country’s closures, a person familiar with the matter said .

Chef Michel Troisgros has asked the German insurer to cover the losses of his three Michelin star restaurant Maison Troisgros, as well as another, Le Central, both located in central France, the person said, asking to not to be named because the complaints are private.

The chef is also negotiating with AXA SA over the losses of his third restaurant, the person said.

Tensions between French restaurateurs and insurers over such claims have not dissipated after a year of public struggles and litigation. AXA, which was ordered to compensate certain restaurants, proposed last week a settlement of 300 million euros to its policyholders, seeking to appease its customers.

Representatives for Troisgros and AXA declined to comment. Allianz did not immediately respond to requests for comment.

Troisgros’ claim had already been reported by Agence France-Presse.

Copyright 2021 Bloomberg.

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Loss of COVID-19 profits Allianz France

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