Hiscox expects less than £100m of Covid-19 BI claims after court ruling

Claims blocks

Hiscox has revealed it expects its additional Covid-19 claims arising from business interruption to be less than £100m, following the judgment reached in the Financial Conduct Authority’s (FCA) business interruption test case.

The provider detailed that this encompasses claims from all of its divisions and is a reduction of £150m from the upper end of the firm’s previously published risk scenario. 

The High Court stated earlier today (15 September) that it had found in favour of the FCA and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: