QBE may appeal part of UK court ruling on COVID-19 claims


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.

QBE, FCA, Business Interruption, Test Case, Insurance, Reinsurance, Coronavirus, UK

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