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