FCA Business Interruption Test Case Update

The Financial Conduct Authority (FCA), the UK’s financial conduct regulator, brought court proceedings in July 2020 to test how certain business interruption insurance policies respond to claims arising from Covid-19.


Below you will find responses to the above from our capacity providers as well as our stance.

Read Touchstone Underwriting’s response to the judgment of the High Court in the FCA business interruption test case, handed down on Tuesday 15 September 2020.

Our response

Read the response from Allianz.

Allianz response

AXA XL provide details of the test case and what the implications are for their clients.

AXA XL response

Aviva explains the Test Case and what this means for their policyholders.

Aviva response

Read Pen Underwriting’s frequently asked questions to explain what happens next in relation to their policies.

Pen Underwriting response

Read the response from RSA.

RSA response