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ACGLP - Arch Capital News Story

$25.44 0.0  0.0%

Last Trade - 7:04pm

Sector
Financials
Size
Large Cap
Market Cap £11.54bn
Enterprise Value £14.22bn
Revenue £6.39bn
Position in Universe 685th / 6846

BRIEF-Fca - Business Interruption - Supreme Court Judgment

Fri 15th January, 2021 10:15am
Jan 15 (Reuters) - FCA - BUSINESS INTERRUPTION - SUPREME
COURT JUDGMENT
    * FCA - WILL BE WORKING WITH INSURERS TO ENSURE THEY MOVE
QUICKLY
TO PAY CLAIMS THAT JUDGMENT SAYS SHOULD BE PAID, MAKING INTERIM
PAYMENTS AS POSSIBLE
    * FCA - SUPREME COURT HAS SUBSTANTIALLY ALLOWED FCA'S APPEAL
ON
BEHALF OF POLICYHOLDERS
    * FCA - INSURERS SHOULD ALSO COMMUNICATE DIRECTLY AND
QUICKLY WITH
POLICYHOLDERS WHO HAVE MADE CLAIMS AFFECTED BY JUDGMENT TO
EXPLAIN NEXT STEPS.

Source text for Eikon:  ID:nRSO8481La 
Further company coverage:  HSX.L 

 ((carolyn.cohn@thomsonreuters.com;))
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