UK Supreme Court To Rule In Fight Over Business Interruption Insurance
UK Supreme Court To Rule In Fight Over Business Interruption Insurance
Read moreMon, 26th Apr 2021 12:40
UK Supreme Court To Rule In Fight Over Business Interruption Insurance
Read moreLONDON, Jan 12 (Reuters) - The UK Supreme Court will on Friday hand down a judgment in a test case pitting the country's markets regulator against insurers over how business interruption policies were dealt with during the coronavirus pandemic, i...
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Read more(Adds background)By Carolyn CohnLONDON, Dec 15 (Reuters) - There will be no judgment in an appeal over business interruption insurance this year, Britain's markets watchdog said on Tuesday, dashing hopes of an early outcome in a case that could af...
Read moreLONDON, Dec 15 (Reuters) - Britain's Financial Conduct Authority has been told by the UK's Supreme Court that no judgment in an appeal over business interruption insurance will be handed down before Jan 2021, the markets watchdog said on Tuesday....
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Read moreBy Kirstin Ridley and Carolyn CohnLONDON, Nov 17 (Reuters) - Insurers are trying to escape liability for pandemic-related business losses with counter-intuitive arguments that go against the essential purpose of insurance, Britain's markets watchd...
Read more(Adds comments from insurers' lawyers)By Carolyn Cohn and Kirstin RidleyLONDON, Nov 16 (Reuters) - Major insurance companies told the UK Supreme Court on Monday that thousands of small companies battered by the coronavirus pandemic were not eligibl...
Read moreBy Carolyn Cohn and Kirstin RidleyLONDON, Nov 16 (Reuters) - Major insurance companies told the UK Supreme Court on Monday it was wrong to assume there could be unlimited cover during a pandemic in an appeal closely watched by thousands of British...
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Read more(Adds more detail)By Huw JonesLONDON, Nov 13 (Reuters) - Insurers in Britain risk being optimistic in estimating losses from COVID-19 related claims and should stress test their underlying assumptions, the Bank of England said on Friday.Insurers i...
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