Taking charge of change

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Andrew King, president of the Chartered Institute of Loss Adjusters in the UK, says that reinsurers are going to need to become increasingly 'hands-on' in their management of the claims process

The mechanics of best practice for the (re)insurance sector has come into sharp focus throughout this year. Everyone is concentrating on meeting new regulatory requirements, whether from the FSA in

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FCA’s premium finance conundrum: act or step back?

Editor’s View: With falling premiums, a stalled government motor insurance taskforce, and jittery markets, Emma Ann Hughes wonders if no action is now the most likely outcome of the Financial Conduct Authority’s premium finance market review.

Insurance complaints take a slight dip

The Financial Conduct Authority’s latest data has shown insurance and pure protection complaints decreased 6% from 764,272 in the first half of 2024 to 718,496 in the second half.

Solvent exit planning: a crucial step for insurers

While the regulator has postponed the implementation date for the solvent exit planning rules for insurers to 30 June 2026, Sarah Ouarbya, partner for risk consulting and regulatory compliance at Forvis Mazars, warns providers shouldn't put off producing comprehensive and well-documented plans.

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