High Court backs business interruption insurance


The High Court has ruled in policyholders' favour in the business interruption case bought by the FCA.

It is thought that claims worth around £1.2bn could be affected by the ruling, which was likely to be appealed.

The High Court looked at 17 policy wordings from eight different insurers - Arch, Argenta, Ecclesiastical, MS Amlin, Hiscox, QBE, RSA and Zurich - to decide whether Covid-19 triggered a business interruption insurance pay out.

Based on other policies that the FCA had studied, the

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