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RSA employee reps seek urgent clarity on takeover redundancies

Hiscox share price falls after Supreme Court ruling

Covid: UK R number stays steady but number of daily new infections growing at faster rate

UK FCA COVID-Webpage Market Trading & Reporting Update

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Live: Supreme Court rules largely in favour of policyholders in FCA s BI test case battle

Insurance Post Insurance Post staff Free content: Access market and insurance reactions to the Supreme Court ruling that dismissed appeals against a High Court judgment on insurers paying out in Covid-related disruption on business interruption insurance policies and overturned the Orient Express ruling. The Supreme Court dismissed insurers’ appeals in the Financial Conduct Authority’s business interruption test case on Friday, bringing to a close a six-month legal battle. The court also “substantially” allowed the appeal of the FCA, which had been representing the interests of policyholders in the case. It also overturned the landmark 2010 Orient-Express Hotels v Assicurazioni Generali ruling, concluding that it had been “wrongly decided.” Insurers had argued that the High Court’s judgment undermined the precedent set by the ruling.

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