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Ancient mariner in a tough new world.

Portugal may be the traditional home of marine reinsurance, but it is now having to face up to 20th-century realities, says Eric Alexander.

As marine underwriters from around the world gather in Lisbon this
month for the 124th conference of the International Union of Marine
Insurance (IUMI) they can reflect on the appropriateness of

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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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