A trade body for Lloyd's of London insurers called on Thursday for more clarity on how updated sanctions on Iran will work under an international peace deal.
A trade body for Lloyd's of London insurers called on Thursday for more clarity on how updated sanctions on Iran will work under an international peace deal.
The Financial Conduct Authority has given Aviva regulatory approval to provide simplified advice to its customers under the regulator's new targeted support regime.
A parliamentary committee has said that the government should hit contractor Capita PLC with heavy fines if it misses agreed-upon deadlines for fixing the ongoing crisis at the Civil Service Pension Scheme.
The financial regulator has said that it is increasingly using supervisory powers and early intervention to prevent harm before launching formal investigations as technological advances and AI accelerate financial crime.
British insurance companies "need clarity" to price risk fairly and ensure cover is affordable as the U.K. moves to ensure automated vehicle safety regulation works effectively for both drivers and the industry, automotive risk research organization Thatcham Research said in a report published on Wednesday.
Canada Life Ltd. said Thursday that it has completed a £55 million ($73 million) pension buy-in for an energy sector retirement savings plan that covers more than 700 members.
The Broker Investment Group has said it acquired a majority stake in Scott Blain Insurance Consultants Ltd., which has gross written premiums of around £9 million ($12 million), in its third transaction of the year.
