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Showing 61 to 70 of 797 search results for insurance policies - calculated.

  1. Business interruption insurance test case: proposed representative sample of policy wordings [pdf]

    Corporate documents Published: 01/06/2020
    The following are the potentially applicable and relevant cover clauses, definitions, exclusions, trends clauses, and sub-limits of indemnity that are proposed to be tested by the test case

  2. Business interruption test case: Table of appeal status and declarations by policy type in the representative sample [pdf]

    Corporate documents Published: 04/11/2020 Last modified: 04/11/2020
    This is a table setting out the appeal status of each policy type in the representative sample and the relevant High Court declarations in the Business Interruption insurance test case.

  3. Business interruption insurance test case: Representative sample of policy wordings - 9 June 2020 [pdf]

    Corporate documents Published: 10/06/2020
    A selection of policy wordings which the FCA believes captures the majority of the key issues that could be in dispute in the case.

  4. FSA fines Zurich Insurance £2,275,000 following the loss of 46,000 policy holders' personal details

    Press Releases Published: 24/08/2010 Last modified: 29/11/2016
    The Financial Services Authority (FSA) has fined the UK branch of Zurich Insurance Plc (Zurich UK) £2,275,000 for failing to have adequate systems and controls in place to prevent the loss of customers’ confidential information. The fine is the

  5. FCA fines Policy Administration Services Ltd £2.8 million for poor complaints handling of mobile phone insurance policies sold by Phones 4u Ltd

    Press Releases Published: 03/07/2013 Last modified: 17/09/2013
    The Financial Conduct Authority (FCA) has fined Policy Administration Services Limited (PAS) £2,834,700 for poor complaints handling between June 2009 and September 2011, including failing to identify the root causes of recurring issues and put

  6. PS17/24: Handbook changes to reflect the new regulatory framework for Insurance-Linked Securities

    Policy statements Published: 10/01/2017 Last modified: 13/12/2017
    Policy Statement 17/24 (PS17/24) set out our near-final rule changes required to the FCA Handbook to incorporate the new regulated activity of insurance risk transformation. When we published PS17/24 on 1 November 2017 we had to publish near-final,

  7. FCA fines Swinton Group Limited £7.38 million for mis-selling monthly add-on insurance policies

    Press Releases Published: 16/07/2013 Last modified: 17/09/2013
    The Financial Conduct Authority (FCA) has fined Swinton Group Limited (Swinton), one of the largest insurance retailers on the high street, £7,380,400 for mis-selling. The FCA found that Swinton’s aggressive sales strategy meant that it failed to

  8. PS21/11: General insurance pricing practices - amendments

    Policy statements Published: 16/08/2021 Last modified: 02/12/2022
    In May 2021, we published PS21/5 which set out our final rules to address the harm we had found in our GI Pricing Practices Market Study. On 18 August, we published PS21/11, making minor changes to these rules.

  9. Applying conduct rules to all non-executive directors in the banking and insurance sectors: PS17/8

    Policy statements Published: 28/09/2016 Last modified: 03/05/2017
    This Policy Statement (PS) introduces final rules to extend our Code of Conduct sourcebook (COCON) to standard non-executive directors (NEDs) in banks, building societies, credit unions and dual-regulated investment firms (‘banks’) and insurance

  10. Business interruption insurance test case: Preliminary list of affected insurers and policies - 10 June 2020 [pdf]

    Corporate documents Published: 10/06/2020
    This is a preliminary list of policy wordings which match the 19 policy wordings within the scope of the test case.