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Converium appoints new CRO

Cpnverium has appointed Markus Krall as chief risk officer and member of the Company's Global Executive Committee with effect July 1, 2006. MArcus replaces Hans-Peter Boller.

Krall is currently a senior partner at McKinsey & Co in Frankfurt and head of the risk management practice in central Europe.

CEO Inga Beale, commented:

"I would like to thank Hans-Peter Boller for

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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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