FSCS GI provision payout increased by £10m in 2013/2014
Fund saw decline in PPI claims.
The Financial Services Compensation Scheme (FSCS) paid out £243m to consumers in 2013/2014, compared with £326m in 2012/2013.
In the general insurance provision sector, compensation paid rose by £10m to £90m, with new claims increasing from 10,766 to 14,328.
In the general insurance intermediation sector, excluding the numbers for Welcome Financial Services which is subject to a special arrangement, new claims fell from 19,035 to 12,120.
Compensation paid in this dividision went from £56.4m to
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