UK life insurers may pass more interest to customers to avoid being “named and shamed”: Fitch
Reinsurance News - Jan 23, 2024
Some UK life insurers are likely to pass on more of their earned interest to customers in order to protect their reputations, a move that may oppose consumer duty rules introduced in July 2023 which keep driving changes, according to a recent report by Fitch Ratings. “We believe insurers will consid...
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