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Impact of UK riots should not affect insurer ratings

Insurers have been reassured that the ongoing riots being carried out across the UK should have no impact on company ratings.

As estimates for insured loss damages continue to climb, Chris Waterman, managing director in Fitch Ratings Insurance Group claims that ratings will only be affected if economic costs impair balance

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Big Interview: Matt Brewis, KPMG

In his first interview since leaving the Financial Conduct Authority, Matt Brewis reflects on his time at the regulator, his new role at KPMG, and discusses the major sticking points between regulation and industry.

FCA looking to address issues on claims definitions

Andrew Ruddle, the Financial Conduct Authority’s interim head of the department for insurance market analysis and policy, has said the regulator is looking at addressing issues about different claims definitions within insurance.

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