Financial Services Financial Services

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 signif

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

Discover MLex

Stay on top of global regulatory developments

Latest News