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Latest statistics cause gloom for marine underwriters.

Gloom was the theme when the American Institute of Marine underwriters unveiled its latest statistic...

Gloom was the theme when the American Institute of Marine
underwriters unveiled its latest statistics. Hull premiums were 60% less
than four years ago. John Peter Connors, a member of the energy and

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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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