Statement regarding appeal of FCA's BI Test Case
Updated : 07:12
RSA Insurance Group plc
Statement regarding appeal of the FCA's business interruption test case
29 September 2020
RSA yesterday followed the necessary procedure to seek permission to appeal the court's findings in the FCA's recent business interruption test case at the Supreme Court. RSA understands that the FCA and other insurers who were party to the court case have also filed similar applications, the deadline for which expired yesterday. A court hearing in relation to these applications will take place on 2 October.
RSA's exposures and related reinsurance arrangements were described in our RNS of 15 September and have not materially changed since then.
Enquiries:
Investors & analysts | Press |
Charlotte Jones | Natalie Whitty |
Chief Financial Officer | Communications Director |
Tel: +44 (0)7788 578067 | Tel: +44 (0)7584 342052 |
Matt Cohen | Alex Jones |
Investor Relations Manager | Head of News & Public Relations |
Tel: +44 (0)7967 343633 | Tel: +44 (0)7769 287291 |
Email: alexander.z.jones@uk.rsagroup.com
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Other information
LEI number: 549300HOGQ7E0TY86138
The Group undertakes no obligation to update any forward-looking statements, save in respect of any requirement under applicable law or regulation. Nothing in this press release shall be construed as a profit forecast.
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