Insurers argue FCA BI victory would lead to ‘injustice’
Defendants in the Financial Conduct Authority’s BI test case warn providers could be liable for losses they never agreed to cover.
In a joint skeleton argument, the defendants - Arch, Argenta, Ecclesiastical, Hiscox, MS Amlin, QBE, RSA and Zurich – said that their case is “an orthodox application of core principles which
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