Archive

  • Date set for FCA BI test case judgement

    10 September 2020

    The verdict will be revealed on 15 September

  • Australian BI coverage test case gets court date

    07 September 2020

    The case will be heard by the New South Wales Court of Appeal in October.

  • Hiscox heads into arbitration with BI claims group

    17 August 2020

    A simplified proposal for an expedited arbitration process has been agreed

  • Irish regulator publishes expectations on insurers' handling of BI claims

    06 August 2020

    Insurers should not pursue legal costs where test cases find for underwriters, CBI says

  • FCA urges fairness over agreed BI insurance payouts

    04 August 2020

    Warning comes as industry awaits High Court judgment on pandemic BI cover

  • Chubb CEO reiterates claim pandemic will produce largest ever insurance loss

    30 July 2020

    Greenberg derides US response to Covid-19, praises UK regulator's work on BI

  • FCA proposes extending Covid-19 measures to help struggling customers

    27 July 2020

    Consultation closes on 28 July

  • FCA BI test case gets underway in High Court of Justice

    20 July 2020

    Insurers including Hiscox, RSA and Zurich are taking part in the test case

  • FCA spells out arguments in BI test case

    14 July 2020

    Court should put itself in shoes of policyholder, regulator argues

  • PRA's Sweeney: risk management of Covid-19 is the focus, not capital

    09 July 2020

    Pandemic has caused contract uncertainty