Written Question·Treasury·UIN 61020
Insurance
Tabled: 18 June 2025
Answered: 24 June 2025
Question
Helen Morgan
Liberal Democrat — North Shropshire
To ask the Chancellor of the Exchequer, what assessment she has made of the adequacy of the progress of (a) NFU Mutual and (b) other insurance providers in implementing the recommendations of the Financial Conduct Authority outlined in its Dear CEOs lette
Answer
Emma ReynoldsThe Supreme Court published its final judgment in the Financial Conduct Authority’s (FCA) Business Interruption Insurance test case on 15 January 2021. At the time of the judgment, the FCA set out its expectation that insurers should communicate to all im...
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