News

Will 2020 See a Tsunami Of Insolvencies in The UK Economy?

Insolvencies in the UK are forecast to jump by 27% this year, slightly higher than the global average rise of 26%, reveals a new economic research report by top trade credit insurer Atradius. The latest Atradius Insolvency […]

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 […]

Global insurance trends

Aon Raises $349m Cash For Future Credit & Funding Deals

Aon plc, a leading global professional services firm providing a broad range of risk, retirement and health solutions, today announced that Aon Investments USA Inc. (“Aon Investments”) raised $349.9 million from U.S. institutional investors for its Opportunistic Credit strategy. The […]

Insurance Regulation

FCA Updates Guidance on Vulnerable Customers

The FCA has set out new best practice guidance for firms to do more to protect vulnerable consumers. There’s some comment from Huntswood below too. More than 24 million people display one or more potential characteristics […]

Insurance Regulation

FCA Feedback Wanted: Insurance Consumers in Covid Difficulties

The FCA has today announced proposals to extend a series of temporary measures to help customers who hold insurance and premium finance products and who may be in temporary financial difficulties because of coronavirus (Covid-19). The original […]

News

Ardonagh Completes on Cash Raise and Acquisition of Arachas & Bravo

The Ardonagh Group (“Ardonagh”), the UK’s largest independent insurance broker offering insurance for everything from classic cars to renewable energy, announces the successful completion of its £2 billion debt raise and the acquisitions of Arachas […]

Insurance Regulation

FCA Updates Guidance For Motor Finance Sector – Another 3 Months Grace

The Financial Conduct Authority (FCA) has today announced proposals which would provide continued support for users of motor finance and high cost credit products, who continue to face payment difficulties due to coronavirus (Covid-19). The […]