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International

Business interruption test case reduces trust in insurers

October 16, 2020 Reprints

A survey by U.K.-based Chartered Insurance Institute found that the Financial Conduct Authority's test case for non-payment of COVID-19 pandemic-related business interruption claims has weakened trust in the insurance sector, Asia Insurance Review reported. The survey revealed that 29% of respondents feel the case greatly reduced the public's trust in insurance.

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Business interruption test case reduces trust in insurers

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