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Reinsurance Australia Corporation bids to return from run-off

Reinsurance Australia Corporation is planning to return to the market as an active general insurance company.

The company has announced plans for a name change and confirmed it was "working closely" with the Australian Prudential Regulation Authority on its new licence. It anticipates that the new licence

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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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