FCA names 16 insurers affected by BI legal test case
The watchdog expects the test case, to determine the validity of business interruption coronavirus claims, to be heard in the second half of July.
The Financial Conduct Authority (FCA) has revealed the 16 insurers which use at least one of the disputed policy wordings represented in its legal test case over business interruption insurance.
The regulator named the following providers in a market update:
Allianz Insurance plc (part of Allianz SE) American International Group UK Limited (part of American International Group, Inc.) Arch Insurance (UK) Limited (part of Arch Capital Group Limited) Argenta Syndicate Management LimitedOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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