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Fitch publishes French report

Fitch Ratings says the evolution of the credit quality of French non-life insurers will reflect the cyclical downturn expected to kick in next year, according to its latest report.

However, this downturn is expected to be less sharp than in the past, due to the insurers' greater drive to maintain their underwriting balance, which itself reflects the structurally lower investment

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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.

Big Interview: Chris Knight, Financial Conduct Authority

The Financial Conduct Authority’s new director of insurance, Chris Knight, speaks exclusively to Insurance Post about premium finance, why enforcement action against firms that fail to comply with the Consumer Duty is looming plus whether the watchdog could soon scrutinise ChatGPT.

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