UK insurers face multi-million payouts after losing BI appeal

Published in: Risk management, Conduct risk, Regulation, UK, Covid-19

Companies: Hiscox, QBE, Arch, Argenta Syndicate Management, MS Amlin, RSA, Financial Conduct Authority, FCA, Hiscox Action Group, Herbert Smith Freehills, Association of British Insurers

Courts ruled in favour of Financial Conduct Authority in business interruption test case

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