Best's News


Best’s News & Research Service subscription required - February 12, 2024 12:33 PM (EST)

GAP Insurers Suspend Sales After FCA Criticism

Insurers covering 80% of the guaranteed asset protection insurance market in the United Kingdom have agreed to suspend sales following regulator criticism that the policies offered poor value to . . .

-- This content requires a subscription --

Already a Subscriber?

Log in  Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

  • BestDay
  • Best's News
  • Best's Review
  • Best's Research
  • Best's Special Reports & Commentaries
  • Best's Rankings
  • and more...

Subscribe

Receive emails featuring AM Best's news and research
Opt-in

Consumerism United Kingdom Automobile Insurance


Latest News

BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of United Overseas Insurance Limited
Jul 23, 2026 10:31 AM (EDT)
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of Munich Reinsurance Company and Its Subsidiaries
Jul 23, 2026 10:29 AM (EDT)
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of New York Life Insurance Company and Its Subsidiaries
Jul 23, 2026 10:16 AM (EDT)
BEST'S RANKINGS
2026 Best's Rankings: Auto Physical Damage DPW Decline in Two of Five Top States
Jul 23, 2026 10:12 AM (EDT)
BEST'S CREDIT RATING ACTION
AM Best Upgrades Credit Ratings for Farm Mutual Reinsurance Plan Inc.
Jul 23, 2026 09:58 AM (EDT)

More from Best’s News


Trending

1
LIFE AND ANNUITY INSURERS
TruStage Shuts Down Network Amid Cybersecurity Incident
Jul 16, 2026 10:52 AM (EDT)
2
PEOPLE IN INSURANCE
Kemper Appoints Bristol West Exec as EVP and President, Property/Casualty
Jul 21, 2026 12:30 PM (EDT)
3
LITIGATION
Court Tosses Lawsuit Alleging UnitedHealth Deceptively Marketed Medicare Advantage Plans
Jul 16, 2026 03:01 PM (EDT)
4
EARNINGS
WR Berkley CEO: MGU Model Inherently Flawed, a 'Big Thorn' in Marketplace's Side
Jul 21, 2026 03:52 PM (EDT)
5
NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS
NAIC Moving to Update Annuity Illustration Model Law
Jul 15, 2026 02:40 PM (EDT)
1
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of National Indemnity Company and Its Affiliates
Apr 16, 2026 12:04 PM (EDT)
2
LIFE AND ANNUITY INSURERS
TruStage Shuts Down Network Amid Cybersecurity Incident
Jul 16, 2026 10:52 AM (EDT)
3
FINES AND PENALTIES
California DOI Warns Tesla Insurance Could Be Suspended Unless Claims Handling Is Addressed
Oct 06, 2025 04:17 PM (EDT)
4
NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS
Update: NAIC Discloses Data Breach in Software System
Jun 23, 2026 04:18 PM (EDT)
5
WAR RISK INSURANCE
Beazley to Launch $1 Billion Marine War Risk Consortium for Hormuz Strait Shipping
Apr 17, 2026 12:15 PM (EDT)

    

1
LIFE AND ANNUITY INSURERS
TruStage Shuts Down Network Amid Cybersecurity Incident
Jul 16, 2026 10:52 AM (EDT)
2
BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of National Indemnity Company and Its Affiliates
Apr 16, 2026 12:04 PM (EDT)
3
STRATEGY
Zurich CEO: Global Specialty Prospects Ideal Amid Current Uncertainty
Nov 19, 2025 11:03 AM (EST)
4
FINES AND PENALTIES
California DOI Warns Tesla Insurance Could Be Suspended Unless Claims Handling Is Addressed
Oct 06, 2025 04:17 PM (EDT)