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Business Interruption Insurance and Covid-19: FCA’s expectations following Supreme Court’s judgment

United Kingdom - January 18 2021 The Supreme Court delivered its keenly-anticipated judgment in the FCA’s Test Case on non-damage business interruption (BI) cover for losses arising…

Alexander Denslow, Alison McHaffie, Sarah Brook, Simon Kilgour, Tristan Hall.

Reinsurance: COVID-19 - Where are we now?

United Kingdom - October 15 2020 At different stages in the COVID-19 pandemic, we have considered the impact on the reinsurance market. Most recently (see our Law-Now), we considered…

Alexander Denslow, Simon Kilgour, Tristan Hall.

FCA Update and Guidance following judgment in the Business Interruption Insurance Test Case

United Kingdom - September 16 2020 The much-awaited decision in the FCA’s High Court test case in relation to non-damage business interruption (BI) insurance policies and their…

Alexander Denslow, Alison McHaffie, Sarah Brook, Simon Kilgour, Tristan Hall.

Reinsurance: COVID-19 - the second wave

United Kingdom, USA - July 7 2020 Earlier in the pandemic, we examined emerging issues likely to be of interest to reinsureds and reinsurers (see our Law-Now). With the spread of the…

Alex Baddeley, Alexander Denslow, Simon Kilgour.

FCA Business Interruption Test Case: finalised guidance

United Kingdom - June 18 2020 On 17 June, the FCA published finalised guidance setting out the regulators' expectations for insurers and insurance intermediaries when handling…

Alison McHaffie, Sarah Brook, Tristan Hall.