No evidence of tying in facultative placements: FCA
The UK Financial Conduct Authority’s (FCA) report into the wholesale insurance broking market has concluded that there is no evidence of widespread tying of insurance broking services to facultative reinsurance placements.
Sector profile: Financial lines
Australian freefall, rate on line revisions, over-capacity, #Metoo… there’s hardly a dull moment in the financial lines market, as Marcus Alcock discovers