Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Scales of justice. On September 15, 2020, London’s High Court has handed down its judgment in the Financial Conduct Authority’s (FCA) business-interruption insurance coverage test case, finding in favor of the policyholders on the majority of critical issues. (Photo: Shutterstock)

Global insurer QBE announced that it is planning to appeal the U.K test case judgment on whether business interruption policies should cover losses related to the COVID-19 pandemic.  The judgment would expose QBE to around $170 million in additional claims.

The test case was filed in June by the Financial Conduct Authority, the U.K.’s corporate regulator, in order to determine if an infectious disease clause meant certain policyholders could claim for lost revenue from pandemic lockdowns.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.


  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

Hannah Smith

America's Claims Executive Virtual Leadership Forum & Expo 2021Event

ACE Virtual Leadership Forum & Expo is the annual conference for Senior Claims Executives in Insurance organizations.

Get More Information


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.