Tag: Financial Conduct Authority (FCA)
FCA censures Aviva for listing and transparency rules breach
The Financial Conduct Authority has publicly censured insurer Aviva for making an announcement that had the potential to mislead the market.
FCA, PRA and Bank of England warn insurers against failing to...
Three of the UK's top financial market regulators have signed a joint letter warning insurers against resting on their laurels when it comes to preparing for Brexit on December 31.
FCA lays out proposals to protect insurance clients during Covid-19
The coronavirus pandemic has left many people's personal finances in tatters and now the Financial Conduct Authority (FCA) has proposed ways to protect at least some insurance clients from suffering further.
UK InsurTech buzzvault stops writing policies as it is “undergoing a...
British InsurTech startup buzzvault has put a stop to the selling of its insurance policies in the UK.
FCA confirms guidance for insurance firms on assessing product value
The Financial Conduct Authority (FCA) is today confirming guidance for insurance firms to consider the impact of coronavirus on the value of their insurance products.
INSTANDA boss welcomes FCA measures to protect insurance policy holders but...
INSTANDA's CEO has welcomed the Financial Conduct Authority's (FCA) measures to protect insurance customers, but argued that the COVID-19 crisis has highlighted the need for the industry to evolve.
FCA confirms measures to help insurance customers suffering financial difficulties because...
The Financial Conduct Authority (FCA) has confirmed a smattering of temporary measures to help customers who hold insurance and premium finance products and who may be in financial difficulty because of COVID-19.
The FCA is looking to find legal clarity about business insurance...
COVID-19 has caused major business disruption around the world, but it’s unclear how much insurance policies cover in the case of a pandemic.
The FCA offers guidance about what to expect from business interruption...
Businesses around the UK have been hurt due to the coronavirus, but finding out if their insurance covers the interruption isn’t always easy. Now, the Financial Conduct Authority (FCA) has set out to make the situation clearer.
The British FCA expects insurers to be compassionate and fair to...
As everyone from challenger banks to regulators are dealing with the global COVID-19 outbreak, the UK’s financial watchdog has given insurance companies a clear indication how they should conduct themselves during the crisis.