UK insurers lose in FCA business interruption test case

Published in: Risk management, Conduct risk, Corporate strategy, Regulation, UK, Rest of Europe, US - Canada - Bermuda, ROW, People, Covid-19

Companies: FCA, Hiscox, Arch, Argenta Syndicate Management, Ecclesiastical Insurance Office, MS Amlin, QBE UK, RSA, Zurich

The case aims to resolve contractual uncertainties after Covid-19 led to significant business losses

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