Written question asked by Vincent Cable (Liberal Democrat) on Monday, 12 February 2001, in the House of Commons. It was due for an answer on Monday, 5 March 2001. It was answered by Melanie Johnson (Labour) on Monday, 5 March 2001 on behalf of the Treasury.

Treasury

Question: To ask Mr Chancellor of the Exchequer, what changes were made between 1990 and the transfer of the insurance regulatory function to the Financial Services Authority to the information requests required of insurance companies in respect of potential liabilities; and at whose behest such changes were made.

Answer: Dr. Cable: To ask the Chancellor of the Exchequer what changes were made between 1990 and the transfer of the insurance regulatory function to the Financial Services Authority to the information requests required of insurance companies in respect of potential liabilities; and at whose behest such changes were made. [150439] Miss Melanie Johnson: The information that insurance companies must provide to the regulator is set out in the Insurance Companies Act 1982 and in consequent regulations. The regulator monitors companies on an ongoing basis to ensure that regulatory requirements are met.

Secondary information