Windy season fails to blow away downgrade pressure

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Converium and hurricanes were the talk of Monte Carlo but there was time for the business basics too

There was something of a 'groundhog day' atmosphere at Monte Carlo this year, as once again, a ratings downgrade dominated the event. The vigour of the hurricane season was obviously also very much on

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ABI insists fire safety scheme is temporary

Mervyn Skeet, the Association of British Insurers’ director of general insurance, has outlined how the trade body will ensure the Fire Safety Reinsurance Scheme will only last three to five years, and how it will should end criticism of brokers earning commission for arranging cover.

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