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The regulator has published data showing its performance against processing targets, amid criticism about its operations. -
The carrier is working with the ASIC after a review found evidence of unfair policy pricing.
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The appointment comes after a slew of ESG initiatives at Beazley and across the wider London market.
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The bill is expected to allow MPs to question regulatory decisions they do not like.
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The Financial Services and Markets Bill could be published next week.
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The Bank of England has warned that data gaps and inconsistencies in ESG ratings are impacting insurers’ responses to climate risk.
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The ratings agency said macroeconomic conditions could constitute a similar challenge to that posed by the pandemic.
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The PRA’s CEO Sam Woods this morning rebuffed reports claiming Boris Johnson was frustrated over the speed and transparency of the Solvency II reforms.
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The ratings agency said the move reflected a strong operating performance and favourable business profile.
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This is the latest of 27 ministerial and civil service resignations so far, as the PM battles on.
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The FCA’s executive director of authorisations Emily Shepperd has described how the watchdog is resolving a lengthy case backlog.
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Plus, an in-depth look a pressure on the FCA and PRA and all the top news from the week.
