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Spare a thought for the financial journalists.

August may be the holiday season but Overheard asks you to spare a thought for the financial journal...

August may be the holiday season but Overheard asks you to spare a
thought for the financial journalists, still wading their way through
impenetrable insurance tomes trying to make sense of it all.


Take this gem from General Cologne Re's vice president of global
communication Christian Lawrence, explaining how the company will move
ahead post merger.


"We attach particular importance to the angle of the cross-border
relevance of many topics," he says, "which it is only ostensibly possible
to ascribe

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FCA proposes 1.4% fee rise for broker block

The Financial Conduct Authority is consulting on raising levies from brokers by 1.4% in 2026/27 – double its annual budget increase – as it also laid out its work programme going into the second year of its five-year strategy.

ManyPets confirms social media clone

Pet insurance managing general agent ManyPets has confirmed a customer was contacted by an X account impersonating its brand and has issued a warning on how increasingly convincing scammers can appear.

Aviva responds to Direct Line’s £10.6m fine

Aviva has confirmed it was fully aware of the ‘historical’ accounting errors that have led to the Prudent Regulation Authority hitting Direct Line Group with a £10.6m fine and stated there will be no impact on the integration or the financial benefits it expects from the takeover.

PRA fines Direct Line underwriter £10.6m

The Prudential Regulation Authority has fined UK Insurance Limited, a subsidiary and principal underwriter of Direct Line Group and now part of Aviva, £10.625m for a miscalculation of its Solvency II balance sheet during 2023 and 2024.

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