Insurance: Age
Commons · Question 11618 · Tabled 22 Jun 2026 · Treasury · Official record
Answered 29 Jun 2026
Question
Asked by Andrew Rosindell
To ask the Chancellor of the Exchequer, what discussions she has had with (a) the Financial Conduct Authority and (b) the Prudential Regulation Authority on the regulation of age-based insurance premiums.
Answer
Answered by Rachel Blake, 29 Jun 2026
Insurers make commercial decisions about the terms on which they will offer cover following an assessment of the relevant risks. This is usually informed by the insurer’s claims experience and other industry-wide statistics. The Equality Act 2010 genera...