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UK Supreme Court to announce business insurance judgment Jan 15

Tue, 12th Jan 2021 10:20

LONDON, Jan 12 (Reuters) - The UK Supreme Court will on
Friday hand down a judgment in a test case pitting the country's
markets regulator against insurers over how business
interruption policies were dealt with during the coronavirus
pandemic, it said on Tuesday.

The result of the appeal, which will be announced via video
link, is eagerly awaited as it is expected to impact 700 types
of policies, 60 insurers, 370,000 policyholders and billions of
pounds in claims.

(Reporting by Carolyn Cohn, editing by Kirstin Ridley)

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