Question to the HM Treasury:

To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of updating the Lloyd’s Act 1982 to align the underwriting activities of that organisation with legally binding climate policies.

The Treasury has not made an assessment. The Government and relevant regulatory bodies will continue to engage with insurance industry representatives, including Lloyd’s of London, to ensure insurers' practices support the transition to a low-carbon economy.