Hiscox expects £100m hit from landmark BI test case judgement
15-09-2020
High court rules in favour of FCA/policyholders in blow for insurers
15-09-2020
QBE Insurance Group has estimated an impact of around $70 million as a result of the UK High Court judgment in the Financial Conduct Authority’s (FCA) business interruption (BI) test case on COVID-19 claims. The insurer said that it is considering its options to appeal part of the judgment.
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QBE, FCA, Business Interruption, Test Case, Insurance, Reinsurance, Coronavirus, UK
