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On 22 September 2020, the FCA published its General Insurance pricing practices market study report. The two-year project explored thousands of policies and consulted with industry stakeholders in order to get to grips with the practice of price walking – where new customers pay cheaper premiums than renewing policyholders. In light of its findings, the FCA has proposed a series of measures to mitigate price walking. This includes insurers providing data to demonstrate they are pricing policies fairly and increasing the transparency and methods...

Firstly, it is important to say that the word “pandemic” does not denote the characteristics or seriousness of a virus or disease. Rather, it is a word that distinguishes an “epidemic”, being a disease that affects one or a few nations from a disease that affects all (Pan) nations, i.e. all nations in the world; hence “pandemic”. However, the seriousness of the current pandemic is not measured in medical and health terms alone. It is also likely to have a severe effect on...