Sector Regulation Sector Regulation

High-rise building insurance prices rising due to lack of competition, UK regulator finds

By Fiona Maxwell
  • 21 Sep 2022 11:58
  • 21 Sep 2022 11:58
The supply of insurance for high-rise and multiple-occupancy residential buildings has “contracted significantly” in the wake of a deadly fire in London, the UK financial regulator said today as it called on the government and insurance industry to make improvements in the market.

The Financial Conduct Authority found that the significantly

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