Archive

No clash between UK government and PRA on deregulation, says Sam Woods

PRA's chief executive acknowledges political pressure for economic growth and comments on implications of AI

Hurricanes and quakes could trigger $300bn of insured losses in peak year

Reinsurance industry warned of growing peak risk scenarios as climate and urbanisation trends accelerate loss potential.

Cayman's Northern Re raises $100m for casualty ILS

Targets $500m in written premiums this year

ISSB's proposed Scope 3 reliefs could undermine insurers' transition efforts

The ISSB has put forward amendments to its climate-related disclosure rules

Are the UK's regulatory reforms creating more risk?

As the UK government pushes for competitiveness and growth, financial regulators are allowing more risk into the financial system. Not everyone is convinced this is a safe bet, as Joshua Geer reports

David Otudeko appointed ABI's director of regulation

Wefox wins approval to expand product range

Troubled underwriter continues with major restructuring efforts

Over a third of London market firms now use AI

IFoA awards Finlaison Medal to Charles Cowling

Bulgarian regulator wins back Eiopa's confidence on solvency assessment

The turnaround comes after a reprimand from Eiopa in January