UK Parliament / Open data

Civil Liability Bill [Lords]

The UK’s leading insurance companies earned more than £2.6 billion in profits in 2016, up on 2015. The proposed changes do not guarantee any reductions in premiums; they simply say that the premiums may fall. There is no guarantee that they will, and we know from previous Bills that this does not happen. Why does the hon. Gentleman suppose that things will be different this time?

Type
Proceeding contribution
Reference
648 c169 
Session
2017-19
Chamber / Committee
House of Commons chamber
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