Hiscox puts further BI losses at £100mn after FCA case favours insureds
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Hiscox puts further BI losses at £100mn after FCA case favours insureds

Catrin Shi, 
Sam Casey
15 September 2020
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Hiscox projected an additional £100mn ($128.5mn) of net losses as a result of the High Court ruling in the Financial Conduct Authority (FCA) BI test case, in the middle of its modelled range despite the judgment favouring insured policyholders...

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