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Munich Re signs UN climate change declaration

Munich Re is a signatory to the joint declaration on climate change issued by the Geneva-based United Nations Environment Programme Finance Initiative (UNEP FI).

The declaration, published on 5 June, has been signed by insurance companies, banks and other international financial services providers.

The UNEP FI declaration calls for joint action by the

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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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