FCA fines Lloyds Bank insurance arm nearly £91m


The Financial Conduct Authority has today fined Lloyds Banking Group’s general insurance arm nearly £91m for false promises on renewal premiums over an eight year period.


CII appoints Blanc as new President

The Chartered Insurance Institute (CII) has appointed Peter Blanc, CEO of chartered insurance broking firm Aston Lark, as its president for 2022.


ABI director general Evans to leave for KPMG partner role 

ABI director general Huw Evans is to quit at the end of the year for a new role as a partner at KPMG in its insurance and long-terms savings practice.


Phoenix Group to sell European business

Insurance firm Phoenix Group is in discussions to sell its European business to European Life Group Holding.

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