This week in Post: Shuffling and reshuffling

Shuffling cards

This week, as Theresa May reshuffled her cabinet, the insurance industry underwent its own shake-up.

Just after David Gauke replaced David Lidington as Justice Secretary, Brendan McCafferty left Axa 11 months into his tenure as CEO for intermediated and direct. The French giant said this was to

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How Trump’s tariffs shook up insurers’ investment books

Darren Bustin, global head of solutions capabilities and insurance solutions at Schroders, has revealed how regulatory changes, Labour’s growth agenda plus US President Donald Trump’s trade tariffs have impacted general insurers’ investment books.

Rachel Lam named interim ombudsman MD

Rachel Lam is now interim managing ombudsman director of the Financial Ombudsman Service, as Jenny Simmonds and James Dipple-Johnstone temporarily step into the shoes of Abby Thomas.

Why too little red pen in board reports is a red flag

After the FCA raised concerns about non-financial misconduct, Sophie Espinasse, head of client learning at Konexo, warns too little red pen in board reports should be a red flag to them as they seek to crack down on bad apples in their organisations.

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