FCA CEO Offers Update on Brexit Preparations & Regulations
Andrew Bailey, CEO of the FCA is giving a speech today at Bloomberg on the subject of preparations for Brexit. Here are some extracts from the draft; “At the heart of [...]
regulations
Directors Expecting the Worst If There’s a No Deal Brexit
Will the UK ever leave the EU? As regular readers know, IE does not believe that we will be allowed to leave the regulatory orbit of the EU, and that we will always pay [...]
ABI Issues Guidelines on Offering Insurance For Convicted Drivers
The Association of British Insurers (ABI) has issued updated guidance to help insurers treat people with criminal convictions fairly and in compliance with the law. The Guide [...]
ACSO Reaction to ABI Premium Tracker Announcement
Matthew Maxwell Scott, executive director of ACSO, has criticised the ABI after the trade body issued its latest premium tracker today (29 July). He said: “The [...]
Regulatory: ABI Slams Government Over Discount Rate Change
In the wake of the Ministry of Justice setting a new Discount Rate of minus 0.25%, Director General of the Association of British Insurers, Huw Evans, has written a letter to [...]
Flood Re Review Should Prompt Property Re-Build Rule Changes
Responding to the publication today of Flood Re’s Quinquennial Review, James Dalton, Director of General Insurance Policy at the Association of British Insurers, said: [...]
Regulatory: ABI Advice on Housing Materials Accepted by Govt Committee
A report out today from the Housing, Communities and Local Government Committee has adopted an Association of British Insurers (ABI) recommendation to help increase the [...]
End of Loyalty Penalty Doesn’t Mean End of Switching, Says Go Compare
As the government seeks to end the high premiums charged for loyalty on car or home insurance, which hits customers who prefer not to shop around every year, Go Compare sees [...]