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Should you be worried about the EC Environmental Liability Directive?

With the 'polluter pays' principle soon to become enshrined in European Union (EU) law, are we looking at an 'EU Superfund' or a dazzling new opportunity for reinsurers? Walter Roos, casualty risk consultant at Munich Re, sees opportunities as well as threats

Traditionally, European environmental liability has only covered personal injury and property damage, but now all that has changed. The implementation of the European Community Environmental Liability

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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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