Risks taken on by government 'must be in the public interest': HMT's Miriam Sachak
Against a backdrop of calls for the government to underwrite more pandemic-related risks, HM Treasury head of domestic and retail insurance policy Miriam Sachak has said risks taken on by the government "must be in the public interest" and complement market outcomes.
Speaking at an Association of British Insurers panel on the impacts of Covid-19 and pandemics on general insurance markets, Sachak highlighted the support provided by the government throughout the
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