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The FCA maintains current premium finance rules, citing industry progress and £157M in annual consumer savings.
The FCA confirmed no new market-wide interventions for premium finance, rejecting price caps or zero-interest mandates, citing existing industry improvements and consumer savings of £157 million annually.
Deputy CEO Sarah Pritchard emphasized ongoing monitoring of motor, home, and travel insurance markets, noting room for progress but no need for sweeping changes.
The regulator urged continued industry collaboration and responsible innovation.
Meanwhile, Aviva expanded its Minifleet platform and launched a high-net-worth offering at Lloyd’s, Aon reported 6% commercial growth, and insurers like Zurich and Axa increased AI investments.
La FCA mantiene las reglas actuales de financiación de primas, citando el progreso de la industria y £ 157 millones en ahorros anuales de los consumidores.