Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what assessment he has made of trends in competition and switching rates in the private motor insurance market in each year since 2010; and if he will make a statement.
This is a matter for the Financial Conduct Authority (FCA), who are operationally independent from Government.
The question has been passed on to the FCA. The FCA will reply directly to the honourable member by letter. A copy of the letter will be placed in the Library of the House.