PS21/11: General insurance pricing practices - amendments

The Prudential Regulation Authority issued Policy Statement PS21/11 to amend the rules governing general insurance pricing practices. This document finalizes the regulatory changes proposed in CP20/19, establishing updated standards for how insurers calculate and justify their premiums. The amendments aim to enhance transparency and ensure that pricing methods remain fair and consistent with regulatory expectations.

United Kingdom

Financial Conduct Authority

CP20/19

22/09/2020

Consultation closed

25/01/2021

Policy Statement: PS21/5

28/05/2021

Policy Statement: PS21/11

18/08/2021