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Levene urges insurer/government co-operation

The insurance industry needs to work with government and contribute more towards resilience, Lord Levene said in an address last night.

Speaking to and audience assembled for the Royal United Services Institute for Defence Studies the Lloyd’s’ chairman said that he believed the industry should start by raising the risk awareness of

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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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