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BMA appoints NAIC's Walter Bell to board

The Bermuda Monetary Authority has appointed Walter Bell to the BMA board of directors.

Mr. Bell has extensive experience in insurance regulation and actively participates in the review and development process for insurance regulation at both the US and international levels.

Currently he

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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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