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The real cost of capital

The UK's current economic climate is causing some problems for insurers - particularly where issues of maintaining capital and solvency are concerned. Francis Higney examines what is being done to address these problems - both in the UK and in Europe.

It seems obvious that an insurance company should have a solvency
position sufficient to fulfil its obligations to policyholders and other
parties. However, the current economic situation has

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Why FCA’s premium finance probe fell short

Rebecca Deegan. director of consumer campaign Fair By Design, argues the Financial Conduct Authority premium finance market study stopped short of addressing past overcharging or tackling the underlying incentives that push costs onto people who have the least ability to pay.

Q&A: Andy Wright, Resnova

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FCA ends premium finance probe looking like a tired parent

Editor’s View: Two years after the Financial Conduct Authority kicked off about premium finance, Emma Ann Hughes feels the regulator’s market study final report felt more like finger-wagging from a worn-out parent than meaningful action from a watchdog with a powerful bite.

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