General Insurance Article - ABI welcomes the Governments energy strategy


The ABI supports the Government’s plans to strengthen energy independence as set out in the British energy security strategy.

 Charlotte Clark, ABI Director of Regulation, says: “We support the Government’s plans to strengthen energy independence and our own sustainable energy supply to help tackle climate change and the cost of living crisis, whilst ensuring we’re more resilient to geo-political events beyond our control. As investors, insurance and long-term savings providers have an important role to play in helping to provide capital to fund green infrastructure projects.

 We welcome the strong signal this provides on the pipeline of energy projects and our members are eager to work with the newly created ‘Great British Nuclear’ and the wider energy sector to unlock our sector’s investment capacity. A meaningful reform of Solvency II would substantially increase the capacity of insurers in providing long-term capital to underpin investments consistent with the Government’s energy strategy.”

Back to Index


Similar News to this Story

Ethnicity Pay Gap reporting must go beyond biggest employers
Ethnicity pay gap (EPG) reporting involves measuring and publishing the difference in average pay between employees from different ethnic backgrounds
Regulators combine to tackle poor claims management practice
The Financial Conduct Authority (FCA), Solicitors Regulation Authority (SRA), Information Commissioner’s Office (ICO) and the Advertising Standards Au
9 in 10 firms interested in insurance cover for Gen AI risks
Businesses worldwide are rapidly embedding Generative AI (Gen AI) into products, services and internal operations. While this brings significant oppor

Site Search

Exact   Any  

Latest Actuarial Jobs

Actuarial Login

Email
Password
 Jobseeker    Client
Reminder Logon

APA Sponsors

Actuarial Jobs & News Feeds

Jobs RSS News RSS

WikiActuary

Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.