UK insurers facing simpler rules, lower costs after review, regulator says
( December 9, 2025, 11:59 GMT | Official Statement) -- MLex Summary: UK insurers will face simpler rules and lower costs after a regulatory review, the financial sector regulator said on Tuesday. The measures include determining which rules apply to commercial insurance, allowing firms to determine the frequency of product reviews, and removing notification and reporting requirements for employer’s liability insurance, the Financial Conduct Authority said. The FCA also said it planned further reviews of regulatory requirements with consultations in 2026.Statements are attached....
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