Insurers face a 46% increase in cost of compensation claims

fscs-1

Insurers face a bill of £91m in the 2016/17 FSCS levy, when the previous year they paid only £62m.

The initial forecast for the next financial year was originally even higher - £94m.

The levy is

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Post account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: