Written Question·Treasury·UIN 77836
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 regulatory safeguards are in place to protect consumers from excessive premium increases following the transfer of life insurance policy liabilities.
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...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 77836) →