Insurance Brokers

Deals: Howden Buys SPF Private Clients

Howden, the international insurance broker, recently announced the signing of the acquisition of SPF Private Clients (“SPF”), subject to regulatory approval, extending its offering to the mortgage broking market while enhancing its existing general insurance […]

Fraud

FCA Starts Mortgage Fraud Proceedings

FCA commences criminal proceedings for fraud and unauthorised business: Following an investigation, the FCA has commenced criminal proceedings against Larry Barreto and Tassib Hussain. The proceedings relate to an offence of conspiracy to commit fraud […]

News

Apartheid Britain: Half Unaffected By Covid, Rest Are Struggling

Some interesting news from the FCA today. Just under half of the UK population are doing OK during the pandemic, and 14% are actually financially better off. But the survey of 16,000 people revealed that […]

Insurance & Reinsurance

Gallagher Re Provides Capacity For Arch Mortgage

Gallagher Re, the global reinsurance broker, is pleased to have partnered with Arch Mortgage Insurance Company (Arch MI) once again in raising and placing traditional reinsurance capacity for Bellemeade Re 2020-4 Ltd., a special purpose […]

Insurance Regulation

FCA Proposes More Support For Mortgage Borrowers Later in 2020

The Financial Conduct Authority (FCA) has announced proposals to ensure that firms provide tailored support to mortgage borrowers who continue to face payment difficulties due to coronavirus. Recently the MSM covered the extra support offered […]

News

Landlord RGI Insurance Faces Crossroads, Says GlobalData Report

Many private landlords are finding that the government is encouraging tenants to stop rent payments for three months. Those same tenants however expect landlords to continue making repairs to fixtures and fittings, as well as […]