Select Committee · Industry and Regulators Committee
Commercial insurance and reinsurance regulation
Status: Closed
Opened: 14 Jan 2022
Closed: 28 Apr 2022
The House of Lords Industry and Regulators Committee is launching an inquiry into the regulation of the London Market – the UK’s commercial insurance and reinsurance market. The Committee will explore the extent to which regulatory policy is well-designed and proportionately applied and the possibilities for optimising policy following Brexit. The inquiry will consider the … Show more
Oral evidence sessions
| Date | Witnesses | |
|---|---|---|
| 31 Mar 2022 | John Glen MP · HM Treasury | View ↗ |
| 15 Mar 2022 | David Sansom · Lloyd's, Malcolm Newman · SCOR, Richard Dudley · Aon, Sean McGovern · AXA XL | View ↗ |
| 8 Mar 2022 | Anna Sweeney · Bank of England, Matt Brewis · Financial Conduct Authority, Sam Woods · Prudential Regulation Authority, Sheldon Mills · Financial Conduct Authority | View ↗ |
| 1 Mar 2022 | Robert Childs · Hiscox | View ↗ |
| 1 Feb 2022 | Dr Franziska Arnold-Dwyer · Queen Mary University of London, Prof James Davey · University of Bristol Law School | View ↗ |
| 25 Jan 2022 | Caroline Wagstaff · London Market Group, Christopher Croft · London & International Insurance Brokers’ Association | View ↗ |
Who gave evidence
| Witness | Organisation | Sessions |
|---|---|---|
| Anna Sweeney · Executive Director of Risk, Operations, and Gener… | Bank of England | 1 |
| Caroline Wagstaff · CEO | London Market Group | 1 |
| Christopher Croft · Chief Executive | London & International Insurance Brokers’ Association | 1 |
| David Sansom · Chief Risk Officer | Lloyd's | 1 |
| Dr Franziska Arnold-Dwyer · Senior Lecturer in Insurance Law | Queen Mary University of London | 1 |
| John Glen MP · Economic Secretary | HM Treasury | 1 |
| Malcolm Newman · Managing Director EMEA Hub | SCOR | 1 |
| Matt Brewis · Director, General Insurance and Conduct Specialis… | Financial Conduct Authority | 1 |
| Prof James Davey · Professor of Insurance and Commercial Law | University of Bristol Law School | 1 |
| Richard Dudley · Global Head of Climate Strategy | Aon | 1 |
| Robert Childs · Non Executive Chairman | Hiscox | 1 |
| Sam Woods · CEO | Prudential Regulation Authority | 1 |
| Sean McGovern · CEO | AXA XL | 1 |
| Sheldon Mills · Executive Director of Consumers and Competition | Financial Conduct Authority | 1 |
Correspondence
| Date | Direction | Title |
|---|---|---|
| 13 Jun 2022 | To cttee | Letter from John Glen MP, Economic Secretary to the Treasury to Lord Hollick o… |
| 6 Apr 2022 | To cttee | Letter from Lord Hollick to Economic Secretary, John Glen MP on commercial insu… |