Sector Regulation Sector Regulation

Insurers say the worse the virus, the worse the cover, FCA lawyer tells UK's top court

By Fiona Maxwell
  • 17 Nov 2020 11:11
  • 17 Nov 2020 11:11

Insurance companies refusing to pay out to businesses in the UK that suffered losses due to the Covid-19 pandemic and the related government-enforced lockdown cannot use the excuse that no cover exists because of the widespread nature of the emergency.

That was the argument put forward by Colin Edelman, the lawyer

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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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