Sector Regulation Sector Regulation

Failing UK insurers to see earlier intervention under finance ministry proposals

By Fiona Maxwell
  • 20 May 2021 07:17
  • 20 May 2021 07:21
The UK’s insolvency regime for insurers will be amended by the finance ministry with an aim to reduce the disorderly failure of insurance companies and provide continuity for policyholders.

The UK Treasury has proposed changes to the insolvency arrangements for insurers, which would allow earlier intervention by regulators when an insurer is in

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