Moody's report criticises US under-reserving

US P&C and reinsurance companies are still "significantly" under-reserved, according to a new report by Moody's Investors Services.

The rating agency said that despite substantial reserve strengthening by many primary insurers and reinsurers over the past two years, it believed that the industry's reserves for casualty lines of

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FCA stops potential ghost broker from trading

The Financial Conduct Authority has stopped Arthur Temlett, trading as Abacus Insurance Consultants, from carrying out any regulated activities, including acting as an insurance broker.

City minister Siddiq is replaced by Reynolds

Less than 24 hours before she was due to appear at the British Insurance Brokers’ Association’s Manifesto launch, Tulip Siddiq has resigned as Treasury minister and been replaced by Labour MP Emma Reynolds.

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