questionText: To ask the Chancellor of the Exchequer, pursuant to the Answer of 6 December 2024 to Question 17571 on Fossil Fuels: Insurance, whether her Department has taken steps with the Prudential Regulation Authority to ensure Lloyd’s of London’s underwriting activities are compliant with the UK’s legal climate commitments.
answerText: The Prudential Regulation Authority (PRA) is responsible for overseeing the prudential regulation and supervision of financial institutions in the UK, ensuring their safety, soundness, and compliance with regulatory standards. Responsibility for regulator...
heading: Fossil Fuels: Insurance