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FERMA welcomes new EU insurance BER

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The Federation of European Risk Management Associations has welcomed the adoption of the new EU insurance block exemption regulation by the European Commission on 24 March 2010.

The entry into force of the BER ends a two-year period of consultations in the course of which FERMA submitted proposals on the behalf of risk managers.

FERMA has welcomed the Commission's renewal of

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FCA looking to address issues on claims definitions

Andrew Ruddle, the Financial Conduct Authority’s interim head of the department for insurance market analysis and policy, has said the regulator is looking at addressing issues about different claims definitions within insurance.

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