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Mutual insurers welcome potential funding and M&A boost from new Bill

The Houses of Parliament

Bill could mean mutuals get level playing field with shareholder-based insurers

Mutual insurers could compete on a level playing field with shareholder‑based insurers and have access to funds for increased merger and acquisition activity if a Private Member’s Bill currently

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FCA and PRA turn spotlight on MGA oversight

The Financial Conduct Authority and Prudential Regulation Authority are sharpening their scrutiny of managing general agents, stressing insurers must take primary responsibility for businesses underwriting on their behalf.

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