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Consultation outcome: HM Treasury review of Pool Reinsurance Ltd 2020-2021: Call for Evidence

Hm Treasury

July 14
10:16 2022

Please find the Final Report and Call for Evidence Response of HM Treasurys review of Pool Reinsurance Company Limited here.

Original consultation

Summary

HMT is seeking input to inform the management of its relationship with Pool Re and ongoing intervention in the UK terrorism (re)insurance market. This consultation closes on 22 November.

This consultation ran from
to

Consultation description

HMT is committed to regularly reviewing its relationship with Pool Re to ensure that it remains in the best interests of Pool Re and its members, the government, the taxpayer and the wider economy. This review will conclude in Spring 2021 and set the strategic direction for Pool Re for the coming five years.

This call for evidence covers how the guarantee HM Treasury extends to Pool Re impacts the market for terrorism (re)insurance and how any amendments to the terms of the guarantee and the rules that govern HM Treasurys relationship with Pool Re would impact the availability, affordability and take-up of terrorism insurance.

This call for evidence will remain open for 6 weeks, and close on 22 November 2020. Please submit your responses to PoolReReview@HMTreasury.gov.uk.

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