Written Question·Treasury·UIN 77835
Life Insurance
Tabled: 16 September 2025
Answered: 13 October 2025
Question
Perran Moon
Labour — Camborne and Redruth
To ask the Chancellor of the Exchequer, what steps her Department is taking to regulate the pricing of legacy life insurance policies following provider transfers.
Answer
Lucy RigbyInsurers make commercial decisions about the pricing of insurance policies following an assessment of the relevant risks. However, the Government expects that insurers deliver good outcomes to consumers and firms are required to do so under Financial Cond...
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