(Reuters) – England's second national shutdown is unlikely to have a major impact on the RSA Insurance Group PLC as many insurances are now exempt from pandemics, its CEO said on Thursday when reporting an increase in insurance results over the first nine months  England began a month-long lockdown on Thursday as British Prime Minister Boris Johnson tried to prevent COVID-19 from going out of control and overwhelming healthcare services.
Lockdowns and other restrictions around the world have resulted in many disputes between companies and insurers over the payment of claims for business interruptions.
Insurers have included exclusion clauses in their insurance policies as a result, saying that the pandemic is now a "known event" that cannot be covered by insurance.
"There's going to be some claims," CEO Stephen Hester told Reuters.
"We do not expect any significant claims, in part because COVID exposures have expired. "
RSA, best known in the UK for its More Than the brand, also has large operations in Canada, Ireland and Scandinavia.
Rising commercial insurance rates, lower non-pandemic-related damages and a tightening of its security strategy increased RSA's subscription performance during the first nine months of 2020, despite the effects of COVID-1
RSA's combined ratio, a measure of performance where a level below 100% indicates a profit, was 90% during the third quarter, compared to 93.6 % at the end of 2019.  RSA did not provide full profit figures in the third quarter trading report.
However, it said that investment income was lower during the year so far, and the group's net contribution decreased by 3% to £ 4.7 billion (6,   RSA appeals certain formulations in a case brought by the UK Financial Conduct Authority against eight insurers due to insurance claims on business interruptions tt. f the September decision by about £ 20 million.
RSA has previously said that paying claims on the insurance would cost around £ 104 million, but part of this would be covered by reinsurance.
RSA shares increased by 0.1% to 460.2. pence at 0827 GMT.