FCA names 16 insurers affected by BI legal test case

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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 Limited (part

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