Emma Hughes

2 weeks ago | postonline.co.uk | Emma Hughes

Since Rathi joined the regulator in October 2020, the FCA has introduced the Consumer Duty and has promised to help the government with its growth objective by streamlining its rulebook, lowering costs for firms and boosting international competitiveness. In March 2025, the FCA published a new five-year strategy with four priorities: to be a smarter regulator, support economic growth, help consumers navigate their financial lives and fight financial crime.

2 weeks ago | postonline.co.uk | Emma Hughes

Tweet Facebook LinkedIn Save this article Send to Print this page Covéa Insurance has swung from an £87.3m loss in 2023 to posting a £32.9m profit for 2024. The provider’s financial results for 2024, published today (9 April), show gross written premiums shrunk from £711.3m in 2023 to £641.5m last year, but pulling away from working with MGAs helped Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

2 weeks ago | postonline.co.uk | Emma Hughes

Tweet Facebook LinkedIn Save this article Send to Print this page The Prudential Regulation Authority has outlined plans for a matching adjustment investment accelerator to reduce the barriers to rapid investment insurance firms face. A consultation paper published today (8 April) sets out the PRA’s proposed rules to reform the matching adjustment application process by introducing a new accelerator permission.

2 weeks ago | postonline.co.uk | Emma Hughes

Tweet Facebook LinkedIn Save this article Send to Print this page Aviva and Axa have refuted claims by Which? that their “potentially unfair definitions of storms and floods” are being used to reject claims made by customers who have had their property damaged. The consumer watchdog carried out an analysis of 133 insurance policies sold by 67 firms, finding that nearly a third (32%) of home insurance policies contain what Which?

2 weeks ago | postonline.co.uk | Emma Hughes

Tweet Facebook LinkedIn Save this article Send to Print this page The introduction of US president Donald Trump’s tariffs on Wednesday (9 April) will increase the cost of claims, particularly in motor and home insurance, experts have warned. On Wednesday (2 April), Trump introduced a wide range of tariffs on trading partners, arguing that the US has been taken advantage of by trading partners and deindustrialised by low-cost imports.