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Caribbean Cat fund announces board appointments

The Caribbean Catastrophe Risk Insurance Facility has appointment Isaac Anthony and Dr Warren Smith to its board to represent the interests of CARICOM - the Caribbean Community - and the Caribbean Development Bank respectively.

The CCRIF, a multi-country risk pool, was set up last year to support Caribbean governments in the event of catastrophic hurricanes and earthquakes by providing financial liquidity when a parametric

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FCA and PRA turn spotlight on MGA oversight

The Financial Conduct Authority and Prudential Regulation Authority are sharpening their scrutiny of managing general agents, stressing insurers must take primary responsibility for businesses underwriting on their behalf.

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