Written Question·Treasury·UIN 16634

High Rise Flats: Fire Prevention

Tabled: 27 November 2024
Answered: 2 December 2024
Named Day

Question

Torsten Bell

LabourSwansea West

To ask the Chancellor of the Exchequer, what estimate the Financial Services Compensation Scheme has made of the costs (a) of high rise building remediation work taken on by the FSCS and (b) to each insurance company that originally wrote the building ins

Answer

Tulip Siddiq
The Financial Services Compensation Scheme (FSCS) provides protections to the eligible customers of failed insurers regulated by the Prudential Regulation Authority (PRA), subject to the conditions, limits and requirements set out in PRA rules. In the con...

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