The Financial Conduct Authority (FCA) has opened a consultation on making firms submit general insurance value measures data for publication and extending the scope to cover most general insurance products.
The move comes after a pilot project was launched in 2016 following a discussion paper in 2015.
The first set of figures were revealed in 2017 and it published the third set of numbers today (30 January).
The FCA claimed the process “has had a positive impact in the market”.
In the pilot
- Legal Protection Group confirms loss of Inter Hannover capacity
- Towergate’s Andy Parkin resurfaces at Gauntlet
- Laurent Matras takes interim Axa retail MD role as Gareth Howell departs
- Profits up at Allianz in 2018
- Consolidation opens up opportunities, says Romero boss
- Ghost broker jailed for two years
- Up to 275 jobs at risk at Axa XL in the UK