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New insurer joins IUA as chairman re-elected

Tokio Marine Global has become the second company in recent months to join the International Underwriting. Arch (Europe) joined in May.

Hirotoshi Murakami, the firm’s chief executive officer, said: “There is now an enormous amount of work going on to support the growth and modernisation of the London Market and the IUA is at the heart

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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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