21 April 2018

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Marsh: FCA broker probe ‘civil competition investigation’

21 April 2017

The current Financial Conduct Authority (FCA)'s aviation broking inquiry is a "civil competition investigation" Marsh said today (21 April) as it confirmed its involvement.

In a statement Marsh said: "In connection with a civil competition investigation that the Financial Conduct Authority is undertaking into the aviation insurance and reinsurance sector, the FCA recently conducted an on-site inspection at Marsh Limited's office in London."

It added: "The FCA indicated that it had reasonable grounds for suspecting that Marsh Limited and others...

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