Buildings: Insurance
Commons · Question 76815 · Tabled 12 Sep 2025 · Treasury · Official record
Answered 22 Sep 2025
Question
Asked by Dame Caroline Dinenage
To ask the Chancellor of the Exchequer, whether she has made an assessment of trends in the level of multi-occupancy residential buildings insurance premiums.
Answer
Answered by Lucy Rigby, 22 Sep 2025
The Financial Conduct Authority (FCA), as the independent regulator of financial services, carried out a review into insurance for multi-occupancy buildings in 2022. The FCA had concerns about how certain elements of the market were working and in 2023 it...