MELBOURNE, AUSTRALIA - June 21: A view of the main entrance of David Jones Department Store in Bourke Street as restrictions are being tightened in Victoria during COVID 19 on 21 June, 2020 in Melbourne, Australia. One of Australia's largest insurers will no longer provide cover for suppliers of struggling retailers Myer and David Jones after deeming the traditional department store sector too risky to insure. In a letter from QBE Insurance to Suppliers, the $ billion insurer said it would no longer provide trade credit insurance for Myer or David Jones due to concerns the two retailers ma

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MELBOURNE, AUSTRALIA - June 21: A view of the main entrance of David Jones Department Store in Bourke Street as restrictions are being tightened in Victoria during COVID 19 on 21 June, 2020 in Melbourne, Australia. One of Australia's largest insurers will no longer provide cover for suppliers of struggling retailers Myer and David Jones after deeming the traditional department store sector too risky to insure. In a letter from QBE Insurance to Suppliers, the $ billion insurer said it would no longer provide trade credit insurance for Myer or David Jones due to concerns the two retailers may not survive the COVID-19 crisis.

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Photo credit: © Dave Hewison Sports / Alamy / Afripics
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Keywords: australia, c19, corona, coronavirus, covid-19, covid19, crisis, emergency, health, lockdown, melbourne, state, tightened, victoria, virus