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Caribbean premiums fall 10%

The Caribbean Catastrophe Risk Insurance Facility is to cut premiums charged to its 16 participating...

The Caribbean Catastrophe Risk Insurance Facility is to cut premiums charged to its 16 participating governments by 10%.

The facility was launched in 2007 and claims it is the first parametric

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FCA vows to keep pressure on premium finance APRs

The Financial Conduct Authority has said it will “continue to put pressure” on companies offering premium finance in a bid to continue lowering annual percentage rates after revealing the impact its enforcement action has had so far.

FCA’s Knight insists CPD changes are not a relaxation

The Financial Conduct Authority’s decision to ditch its 15-hour-per-year continuing professional development requirement for insurers should not be viewed as a relaxation of standards, according to the regulator’s director of insurance, Chris Knight.

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