2020-09-21

Added 2026-06-23 · Updated 2026-07-08

PS21/11: General insurance pricing practices - amendments

The Prudential Regulation Authority and Financial Conduct Authority issued Policy Statement PS21/11 to amend rules regarding general insurance pricing practices. The document finalizes decisions following previous consultations, including CP20/19, to enhance transparency and fairness in how general insurers calculate premiums. These regulatory changes aim to ensure that pricing methodologies are robust, non-discriminatory, and compliant with established conduct standards.

United Kingdom

Financial Conduct Authority

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CP20/19

22/09/2020

Consultation closed

25/01/2021

Policy Statement: PS21/5

28/05/2021

Policy Statement: PS21/11

18/08/2021

18/08/2021