EC report threatens intervention in insurance market

Andrew Hobson, a competition expert at RPC, said: “The EC is clearly marking the insurance industry’s cards. Whilst the EC’s processes may, at times, seem glacial I don’t think this report allows us too much room for complacency.”

According to RPC areas of risk for the insurance industry in London presented by the EC’s report include:

EC’s view that widely used “best terms and conditions” clause may be illegal Proposal to allow the insurance industry’s block exemption from elements of compet

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: