Financial Services Financial Services

UK insurance rule changes must strike balance with policyholder protection, Bailey says

By Fiona Maxwell
  • 01 Dec 2021 10:56
  • 01 Dec 2021 10:56
Changes to the insurance rulebook in the UK will have to be measured against just how much policyholder protection is necessary without stifling investment, the Bank of England governor said today. 

The answer to how much policyholder protection there should be “is not straightforward,” Andrew Bailey told an event* today (se

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Fiona Maxwell

Senior Correspondent

Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for, 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.

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