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Sarah Hills talks to DAS UK chief executive officer Paul Asplin about becoming an international player and diversifying the brand.

Former AIG COO to take over as FSA insurance boss

The Financial Services Authority has appointed Ken Hogg, currently interim chief financial officer at MGM Assurance, as insurance sector director. He will start at the FSA on Monday 6 July and will report to Jon Pain, FSA managing director retail markets.

AM Best downgrades Puerto Rican reinsurer

US ratings agency AM Best downgraded the financial strength rating to B+ (Good) from B++ (Good) and the issuer credit rating to "bbb-" from "bbb" of Puerto Rican life reinsurer Popular Life Re. The outlook for both ratings is stable.

Mutual chair writes to MP after Court of Appeal ruling

Incoming Communities and Local Government Secretary John Denham has received is a letter from London Authorities Mutual chairman Nathan Elvery calling for legislation to clarify the wellbeing powers. It follows the ruling this week in the Court of Appeal…

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