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The regulator’s consultation proposes deleting several reporting templates that create burdens for (re)insurers.
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Environmental, social and governance (ESG) factors were the primary driver in 13% of ratings actions in the year to the end of March, according to AM Best.
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The brokers have offered to divest Willis’ largest corporate risk and broking clients to Gallagher’s Crombie Lockwood.
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With individuals soon to be held accountable for D&I success, real change could finally be on the horizon.
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In a paper on diversity and inclusion, the regulators have set out their intentions to embed the issues into policy.
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The body said it would be prepared to exercise its regulatory powers if firms did not comply.
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The Commerce Commission has extended its review of the merger by another six weeks.
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The government plans to streamline reporting and reform the capital requirement calculations.
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Marsh claimed Aon is trying to ‘flip the narrative’ from its poor management decisions and uncertain future in its response to the suit.
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The deal was approved by regulators on the proviso of the disposal, as well as other divestitures already agreed.
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The CCCS has identified competition concerns around executive pay consulting services.
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Plus the lowdown on CFC’s syndicate capacity and all the top news from the week.