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Insurer shares climb despite BI payout predictions

Stock market performance

Some of the Insurers involved in the Financial Conduct Authority’s business interruption test case saw share prices increase following the verdict, despite participants being told to pay out for some claims.

In Tuesday’s High Court Judgement, which is subject to appeal, Lord Justice Flaux and Mr Justice Butcher, ruled partly in favour of the FCA and policyholders on key themes. This means some businesses

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