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Moody's report criticises US under-reserving

US P&C and reinsurance companies are still "significantly" under-reserved, according to a new report by Moody's Investors Services.

The rating agency said that despite substantial reserve strengthening by many primary insurers and reinsurers over the past two years, it believed that the industry's reserves for casualty lines of

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Did the FCA’s leasehold commission reforms fail?

Three years after introducing reforms to tackle excessive leasehold insurance commissions, the Financial Conduct Authority is reviewing the market again, which Scott McGee observes raises questions about whether its measures have delivered meaningful change.

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