Written Question·Treasury·UIN 65026
Insurance: Prices
Tabled: 4 July 2025
Answered: 10 July 2025
Question
Afzal Khan
Labour — Manchester Rusholme
To ask the Chancellor of the Exchequer, if she will instruct the Financial Conduct Authority to investigate pricing in the insurance market.
Answer
Emma ReynoldsInsurers make commercial decisions about the price and terms of cover they offer based on their assessment of the relevant risks. However, the Government is determined that insurers should treat customers fairly and firms are required to do so under Finan...
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