BI policy payouts for UK Covid claims move close to £1bn mark
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BI policy payouts for UK Covid claims move close to £1bn mark

Rachel Dalton, 
Ben Wylie
16 August 2021
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Coronavirus Pandemic In London
David Cliff/NurPhoto/PA Images

UK insurers have now paid out in full 50.9% of claims received for Covid-19-related BI losses, as the total handed out in interim and final payments reached £968.1mn as at 5 August.

The Financial Conduct Authority’s (FCA) latest release of BI claims data revealed that more than half of claims have now been fully settled, compared to just under 47% in the prior monthly period.

The

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