London | QBE Insurance Group has been named as one of eight insurers that Britain's financial services watchdog will call to court as it tests whether their business interruption policies should pay out for the COVID-19 pandemic.
The Financial Conduct Authority (FCA) announced on Monday that it would launch the action on June 9, with insurers expected to file their defences by June 23 for a court case in the second half of July.
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Hans van Leeuwen covers British and European politics, economics and business from London. He has worked as a reporter, editor and policy adviser in Sydney, Canberra, Hanoi and London. Connect with Hans on Twitter. Email Hans at hans.vanleeuwen@afr.com
