June 1 (Reuters) - Hiscox Ltd HSX.L :
* FINANCIAL CONDUCT AUTHORITY (FCA) IS TODAY PROVIDING AN UPDATE ON PROGRESS ON ITS COURT ACTION ON BUSINESS INTERRUPTION (BI) INSURANCE POLICIES
* FCA HAS APPROACHED 56 INSURERS AND REVIEWED OVER 500 RELEVANT POLICIES FROM 40 INSURERS
* FCA EXPECTS TO PUBLISH A LIST OF ALL RELEVANT INSURERS AND POLICIES THAT MAY HAVE IMPACTED WORDINGS IN EARLY JULY.
* FCA WILL PUT FORWARD POLICYHOLDERS' ARGUMENTS TO THEIR BEST ADVANTAGE IN PUBLIC INTEREST
* 16 INSURERS USE AT LEAST ONE OF POLICY WORDINGS IN OUR REPRESENTATIVE SAMPLE WHICH WILL BE EXAMINED IN TEST CASE