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Paris Re says Jan 1 premiums off 13%

Paris Re said that premiums at the January 1 reinsurance renewals premiums dropped 13%, the company said today.

The drop in premium is largely as a consequence of its decision to cancel approximately one third of its proportional business due to inadequate margin expectations, Paris Re saw its January 1st

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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.

Big Interview: Chris Knight, Financial Conduct Authority

The Financial Conduct Authority’s new director of insurance, Chris Knight, speaks exclusively to Insurance Post about premium finance, why enforcement action against firms that fail to comply with the Consumer Duty is looming plus whether the watchdog could soon scrutinise ChatGPT.

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