Huge estimated losses from Canadian wildfires will impact on reinsurers, says expert

FOCUS: The Fort McMurray wildfires in Alberta, Canada are already on course to be the most costly natural disaster in Canada's history - but their long-term impact on the reinsurance industry might not be as severe as first feared.

Firms can now apply to participate in FCA's new regulatory sandbox

Financial services firms and technology companies can now apply to participate in the new 'regulatory sandbox' scheme being run by the Financial Conduct Authority (FCA).

Motorists must wait until full automation before carrying out other activities in 'driverless' cars, says ABI

Motorists will need to remain alert behind the wheel until vehicle driving becomes fully automated, the Association of British Insurers (ABI) has said.