Regulatory AlertsPS20/9: General Insurance Value Measures
The Financial Conduct Authority issued Policy Statement PS20/9 to finalize rules on general insurance value measures following the consultation CP19/8. The document sets out requirements for insurers to demonstrate that their products provide fair value to customers throughout the product lifecycle. These measures aim to enhance consumer protection by ensuring that general insurance products remain suitable and competitively priced over time.
Open consultation: CP19/8
30/01/2019
Consultation closed
30/04/2019
Policy Statement
22/09/2020
22/09/2020
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