Archive

• UK insurers lose in FCA business interruption test case

  15 September 2020

  The case aims to resolve contractual uncertainties after Covid-19 led to significant business losses

• FCA hires LSE boss as chief executive

  22 June 2020

  Nikhil Rathi will take over as CEO on a £455,000 annual salary

• UK regulators respond to parliament's Covid-19 insurance questions

  16 April 2020

  The possibility of a pandemic risk pool, alleged unfair treatment to customers and the current solvency situation of insurers were among the topics that MPs posed to the UK's top regulators in a grilling at the Treasury Committee. Paul Walsh reports

• FCA: 'No obligation' for insurers to pay Covid-19 business interruption claims

  15 April 2020

  The UK conduct regulator sets out its position in a letter to insurance chief executives

• FCA readies assault on 'unfair' insurance pricing

  18 February 2020

  Add-on prices also continue to cause harm to consumers, warns the regulator

• FCA promotes Christopher Woolard to interim CEO

  24 January 2020

  Woolard will replace Andrew Bailey who will become governor of the Bank of England in March

• UK to extend GI "value measures" reporting

  30 January 2019

  Fourth metric introduced in addition to those featured in testing

• Chubb, Hiscox, Liberty and RSA most likely to pay home insurance claims

  25 January 2017

  UIA and Zenith most likely to reject claims, says FCA

• Risky firms may have to contribute more to FSCS

  14 December 2016

  FCA to collect data on product sales to identify riskiest insurers

• UK annuity providers need to give out comparison quotes, FCA proposes

  25 November 2016

  New rules to come into force in September 2017