Written Question·Treasury·UIN 18630

Business: Insurance

Tabled: 14 July 2026
Answered: 20 July 2026

Question

Neil Coyle

LabourBermondsey and Old Southwark

To ask the Chancellor of the Exchequer, what discussions she has had with the Financial Conduct Authority on the regulatory consistency of allowing insurers to deduct Coronavirus Job Retention Scheme and Self-Employment Income Support Scheme payments from

Answer

Rachel Blake
The Government has not made an assessment of the total monetary value of insurance company deductions from business interruption insurance payouts.The Supreme Court published its final judgment in the FCA’s Business Interruption Insurance test case in 202...

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