UK motor insurers will probably only cut premiums slowly in reaction to the government's crackdown on whiplash injury claims, Fitch Ratings has said.

Bermuda has been granted full equivalence by the European Commission (EC) to comply with the Solvency II directive.

In advance of the 21st Conference of Parties to the United Nations Framework Convention on Climate Change (COP21) next week, the IFoA is calling for governments and businesses to take a risk management approach to climate change as essential in addressing environmental risks.

The Institute and Faculty of Actuaries (IFoA) has welcomed Chancellor George Osborne's Autumn Statement announcement of funding for flood defence schemes, but has warned that measures announced to address social care funding may fall short.

Flood Re has said it is on track to build its £2.1bn reinsurance protection programme after its first tender was oversubscribed.

Financial information processor Equiniti is sponsoring university research into whether biometric technology could help pension firms defend themselves against online fraud.

A consultation has started about developing a Retirement Quality Mark as a companion to the Pension Quality Mark (PQM).

More than half of retirement savers are unsure of tax rules following the launch of pension freedoms, employee benefits consultancy Portus Consulting has said.

An overwhelming majority of people coming up to retirement fear that a stock market crash like that of 2008 will affect their pension.

Fidelity International has called on chancellor George Osborne to use his Autumn Statement next week to defer the tapered annual allowance, which is due to take effect in April 2016.