Sector Regulation Sector Regulation

UK insurers trying to 'knock out' Covid-19 test case with misleading argument, FCA tells court

By Fiona Maxwell
  • 30 Jul 2020 09:47
  • 30 Jul 2020 09:47
UK insurers were accused by the Financial Conduct Authority in a London court today of misapplying legal principles to ward off the prospect of payouts to businesses that have suffered financial losses due to Covid-19. 

The eight insurance defendants in the financial-markets watchdog's ongoing High Court test case are incorrectly applying a “but

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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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