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PRA hands Barents £1.8mn fine for governance and reporting failures

The reduced fine reflected the PRA view that the breaches weren’t deliberate.

Rebecca Perkins, 28 July 2025
Eiopa: Budget cut to impact SII delivery

The European Insurance and Occupational Pensions Authority (Eiopa) has said a 7.6 percent cut in its proposed budget for 2015 will impact the delivery of Solvency II.

Jenny Messenger, 03 February 2015
Daily Digest: Top news from 15 July

A roundup of all the news you need, including the UK's new captives framework.

Insurance Insider team, 15 July 2025
Liès: focus on opportunities not alt capital fears

The (re)insurance industry is in danger of missing out on opportunities if it becomes too fixated on battling with alternative capital, Swiss Re CEO Michel Liès has warned

20 October 2014
Cat rates dip 10%-15% in mid-year renewals: Gallagher Re

Cedants were able to “challenge the status quo” with aggregates back on the table, the broker said.

Fiona Robertson, 01 July 2025
BMS hires Korducki to grow Florida business

Reinsurance broker BMS Intermediaries has appointed Steve Korducki as executive vice president to develop the firm's Florida business.

18 October 2014
Daily Digest: Top news from 2 July

A roundup of all the news you need, including a large refinery claim in Texas.

Insurance Insider team, 02 July 2025
1 April cat renewals worse than expected for hard-pressed reinsurers

Initial indications that the 1 April catastrophe renewals would provide some respite for reinsurers have proven misleading as firm order terms hit the market with heavy rate reductions, today's edition of The Insurance Insider reveals

24 March 2014
NOAA says less active season no cause for complacency

Forecasters at US state scientific agency the National Oceanic and Atmospheric Administration (NOAA) say the Atlantic hurricane season is set to be "near normal" although less active than in recent years.

25 May 2012
Ace beats despite FX top and bottom line impact

Foreign exchange headwinds contributed to Ace Limited reporting a modest drop in operating profits but the insurer nevertheless beat Wall Street forecasts for the second quarter.

David Bull, 22 July 2015

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