Insurance
Commons · Question 61020 · Tabled 18 Jun 2025 · Treasury · Official record
Answered 24 Jun 2025
Question
Asked by Helen Morgan
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
Answered by Emma Reynolds, 24 Jun 2025
The 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...