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PRA insurance role to be outlined

The Prudential Regulation Authority has been confirmed as the supervisory body for insurance companies with a detailed guide on its work with the industry to be published next month.

Chartered: A Broker's view: Barnett & Barnett

In the second of a three part series Post and Insurance Age editor-in-chief Jonathan Swift talks to Barnett & Barnett Compliance and training manager Toni Richardson about the benefits for a broker in being chartered.

Direct Line hails death of the aggregator

Responding to an investigation from consumer magazine Which? that claims aggregators display a lack of transparency to the consumer Direct Line has said that providers in this space “are not always what they seem”.

Lloyds execs to hand back bonuses

Lloyds Banking Group is taking back part of the bonuses awarded to senior executives as a result of the £3.2bn hit the bank took for mis-selling payment protection insurance.

Postbox: Backing reforms was not taken lightly

Your leader of last week 'Are some more equal?', coupled with the comments reported from Elite Insurance over the ABI's support for the recommendations of the Jackson Review, highlights the delicate balance a trade body needs to strike between…

View from the top: A very bad year

Despite reinsurers' initial talk that the Australian floods and the New Zealand & Japanese earthquakes were earnings — not balance sheet — events, and there would be no impact on rates, the chatter has changed recently, with some now actively hinting at…

Schemes: Scheming for success

Schemes business requires significant investment to make it work and underwriters are not prepared to tolerate poor profitability. But, as Jane Bernstein reports, the benefits are many and it remains attractive to brokers.

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