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Tag Archives: market study

Posted in Regulatory and legislative updates, UK

UK: FCA Market Study into General Insurance Pricing Practices: time to look at pricing strategies?

On 4 October 2019, the FCA published its much anticipated Interim Report on its Market Study into general insurance pricing practices (the “Interim Report“). The Market Study stems from the work of the FCA in its Thematic Review into pricing practices in the retail insurance sector which concluded that further action was necessary due to

Posted in Regulatory and legislative updates, UK

UK: A pretty clean bill of health for the London Wholesale Broker Market

FCA publishes its Final Report for Wholesale Insurance Broker Market Study The FCA has published today its final Report in respect of its Market Study of the wholesale insurance broker market. The Market Study was launched in November 2017 with a focus on evaluating the level of competition in the sector in light of how

Posted in Regulatory and legislative updates, UK

UK: Launch of FCA Wholesale Insurance Broker Market Study

The FCA has yesterday launched a market study into wholesale insurance broking practices.  The FCA has published Terms of Reference for the study, which are discussed below.  The FCA’s 2017 business plan (published in April of this year) signalled the FCA’s plans to undertake this market study (previously discussed on this blog here). The FCA

Posted in Regulatory and legislative updates, UK

UK: FCA considers behavioural economics and general insurance add-ons

In December 2012 the FSA launched a market study designed to test how well the insurance add-on market is functioning. This market study has been picked up by the FCA which has recently published an  “Occasional Paper” exploring how behavioural economics might inform an assessment of customer behaviour regarding the purchase of add-ons.