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Aon warns on insurance rates

The predicted level of losses from the 2004 hurricane season may not be enough to reverse the current trend of declining insurance rates in the UK, according to Aon.

Total insured losses from the four major storms that hit North America are still uncertain but are likely to be in the region of $20bn to $25bn. The company said that what the overall impact of the

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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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