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International

Regulator tells insurers to assess COVID-19 claims fairly

August 06, 2020 Reprints

U.K.'s Financial Conduct Authority has warned insurers to handle and assess COVID-19 pandemic-related business interruption claims promptly and fairly in situations where they have accepted liability, Asia Insurance Review reported. This comes after policyholder complaints, stakeholders and media reports said that a few insurers are making deductions for some types of government support policyholders have received over the past few months.

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Regulator tells insurers to assess COVID-19 claims fairly

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