I will give way in one moment. To clarify, the intention is that the companies not just may but will pass this information to the Treasury and the Financial Conduct Authority, and the Treasury and the Financial Conduct Authority not just may but will request that information, so that we can accurately explain to Parliament and the people how much money the insurance companies are making from their premiums, how much they are paying out to claimants, how much savings they are making and how much of those savings they are passing on to their customers.
Civil Liability Bill [Lords]
Proceeding contribution from
Rory Stewart
(Conservative)
in the House of Commons on Tuesday, 23 October 2018.
It occurred during Debate on bills
and
Legislative Grand Committee proceedings (HC) on Civil Liability Bill [Lords].
About this proceeding contribution
Reference
648 c224 Session
2017-19Chamber / Committee
House of Commons chamberSubjects
Librarians' tools
Timestamp
2022-03-11 12:49:29 +0000
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