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  4. UK COVID-19 business insurance payouts top one billion pounds -watchdog
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UK COVID-19 business insurance payouts top one billion pounds -watchdog

LONDON (Reuters) - Small companies in Britain, which demanded that their insurers cover claims for losses accrued during the COVID-19 pandemic, have received more than one billion...
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UK COVID-19 business insurance payouts top one billion pounds -watchdog © Reuters. FILE PHOTO: Chef prepares food before a new menu tasting for staff at Loxleys Restaurant & Wine Bar before reopening on Monday 17th, as coronavirus disease (COVID-19) restrictions continue to ease, in Stratford Upon Avon, Britain, May 14, 2021. REUTERS/An

LONDON (Reuters) - Small companies in Britain, which demanded that their insurers cover claims for losses accrued during the COVID-19 pandemic, have received more than one billion pounds ($1.4 billion) in full and interim business interruption payouts to date.

Businesses ranging from restaurants to nightclubs and wedding planners to beauty parlours in January won the right to insurance payouts after Britain's highest court ruled many policies should cover losses caused by coronavirus lockdowns.

The Financial Conduct Authority (FCA), which had brought a closely-watched test case on behalf of policyholders against major insurers, said on Wednesday that 27,248 companies out of 42,308, which had had claims accepted, had received at least an interim payment.

($1 = 0.7236 pounds)

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31-03-2024 10:19:50 (UTC+7)

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1.0793

+0.0006 (+0.06%)

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EUR/USD

1.0793

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 EUR/USD1.0793Sell
 GBP/USD1.2624Sell
 USD/JPY151.38↑ Buy
 AUD/USD0.6522Sell
 USD/CAD1.3543Buy
 EUR/JPY163.37↑ Sell
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 Gold2,254.80Buy
 Silver25.100↑ Buy
 Copper4.0115↑ Buy
 Crude Oil WTI83.11↑ Buy
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 Natural Gas1.752↑ Sell
 US Coffee C188.53↑ Sell
 Euro Stoxx 505,082.85↑ Sell
 S&P 5005,254.35↑ Sell
 DAX18,504.51↑ Buy
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Cập nhật 31-03-2024 10:19:52
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GBP30.490,4131.787,64
JPY158,93168,22
KRW15,9119,28
Cập nhật lúc 10:12:31 31/03/2024
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