Evidence to support GI pricing reporting and the senior manager attestation

January 16, 2023

Following the March 2022 general insurance (GI) pricing senior manager attestations, the FCA carried out follow-up work that involved contacting firms and asking for sight of the evidence and management information (MI) that they had considered to enable them to make the attestations. The FCA’s findings and results in relation to that work were published on 2nd December 2022.

This Hot TopICS sets out some of the FCA’s findings from its work following the last attestation, picks up some of the good practice identified, and suggests what MI might be useful for firms in making the attestation and completing the REP021 returns.

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