Sector Regulation Sector Regulation

Insurers will pay out if businesses close due to virus, Boris Johnson and Chancellor confirm

By Fiona Maxwell
  • 17 Mar 2020 13:28
  • 17 Mar 2020 13:28
Insurers will make payments to companies that are forced to close as a result of the coronavirus pandemic, if they have policies to that effect, the UK Prime Minister and Chancellor said today.

Boris Johnson and Rishi Sunak said an agreement has been reached with insurance companies to ensure businesses receive payouts where

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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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