Hiscox Insurance Company Ltd was the UK insurer which accepted the highest number of business interruption claims for COVID-related losses in March 2022. In that month, Hiscox accepted over 11,000 claims for losses related to COVID-19, up from only 242 in March 2021. Business interruption was cited as one of the leading risks to businesses globally in a January 2022 survey.
Number of business interruption (BI) claims for losses related to COVID-19 that were accepted by selected insurers in the United Kingdom in March 2022
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Financial Conduct Authority. (March 16, 2022). Number of business interruption (BI) claims for losses related to COVID-19 that were accepted by selected insurers in the United Kingdom in March 2022 [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/870705/covid-business-interruption-insurance-claims-uk/
Financial Conduct Authority. "Number of business interruption (BI) claims for losses related to COVID-19 that were accepted by selected insurers in the United Kingdom in March 2022." Chart. March 16, 2022. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/870705/covid-business-interruption-insurance-claims-uk/
Financial Conduct Authority. (2022). Number of business interruption (BI) claims for losses related to COVID-19 that were accepted by selected insurers in the United Kingdom in March 2022. Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/870705/covid-business-interruption-insurance-claims-uk/
Financial Conduct Authority. "Number of Business Interruption (Bi) Claims for Losses Related to Covid-19 That Were Accepted by Selected Insurers in The United Kingdom in March 2022." Statista, Statista Inc., 16 Mar 2022, https://www.statista.com/statistics/870705/covid-business-interruption-insurance-claims-uk/
Financial Conduct Authority, Number of business interruption (BI) claims for losses related to COVID-19 that were accepted by selected insurers in the United Kingdom in March 2022 Statista, https://www.statista.com/statistics/870705/covid-business-interruption-insurance-claims-uk/ (last visited December 03, 2024)
Number of business interruption (BI) claims for losses related to COVID-19 that were accepted by selected insurers in the United Kingdom in March 2022 [Graph], Financial Conduct Authority, March 16, 2022. [Online]. Available: https://www.statista.com/statistics/870705/covid-business-interruption-insurance-claims-uk/
