Four more S166s into insurance firms

Spotlight on finance

The Financial Conduct Authority commissioned four skilled person reports into insurance businesses between October and December 2024, taking the running total for the financial year into double digits.

The watchdog previously issued the sector with six between April and June, adding another two the next quarter in an ongoing clampdown.

The figures (see graph) indicate the annual total could reach a high for recent years.

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Deal-linked Esure swings back to profit

Motor and home insurer Esure, previously touted as takeover target for Ageas, Allianz and Aviva, moved back into the black in 2024 with a £57.7m post tax profit reversing a loss of £60.1m the year before.

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