News
ABI Conference: FSA and Eiopa clash over Bank of England role
The Financial Services Authority has clashed with the European Insurance and Occupational Pensions Authority over the Bank of England’s role in the regulation of the insurance sector.
ABI Conference: Single European insurance regulator likely "within years"
The European insurance industry will eventually be regulated by a single continental body rather than a number of country regulators, Eiopa’s Carlos Montalvo Rebuelta has claimed.
Hastings eyes Aviva and Allianz in 2012 IPO push - Insurance News Now - 23 June 2011
Post senior reporter Amy Ellis outlines this week's major general insurance stories including the news that the panel of insurers at Hastings Direct has more than doubled in size since an MBO 18 months ago. The firm is due to sign another five companies…
Groupama urges government to act on referral fees
Groupama Insrances has called on the government to ban referral fees following publication of the Legal Aid, Sentencing and Punishment of Offenders Bill.
ABI Conference: Single European insurance regulator likely "within years"
The European insurance industry will eventually be regulated by a single continental body rather than a number of country regulators, Eiopa’s Carlos Montalvo Rebuelta has claimed.
Antares appoints new senior risk analyst
Specialist Lloyd’s insurance, business Antares, has appointed Faraz Khalid as senior risk analyst in the legal, risk and compliance team for its Antares Managing Agency business.
New anti-fraud tool launched in battle against 'cash-for-crash'
Esri UK today has launched a new geographic information system software tool to help combat insurance and banking fraud.
Another insurer resigns from the ABI over Jackson stance
Elite Insurance Company has confirmed that it will be resigning from the Association of British Insurers with immediate effect.
ABI/KPMG: 98% of UK insurer bosses "very worried" by EU impact
The insurance industry has a key role to play in helping UK consumers manage their financial commitments, but first it needs to improve its reputation.
ABI/KPMG: 98% of UK insurer bosses "very worried" by EU impact
The insurance industry has a key role to play in helping UK consumers manage their financial commitments, but first it needs to improve its reputation.
Confidence falls in insurance, banking and finance sectors
Confidence among banking, finance and insurance professionals continues its downward trend, according to the latest UK Business Confidence Monitor (BCM) from ICAEW and Grant Thornton.
Industry responds to Justice Bill
The industry has responded to the government’s reforms to ‘no win no fee’ arrangements outlined as part of the Legal Aid, Sentencing and Punishment of Offenders Bill published today.
Government embarks on 'no win no fee' regime change
The government will implement the bulk of Lord Justice Jackson’s review into civil litigation costs with the publication of its Justice Bill presented in the House of Commons by Ken Clarke this afternoon.
Confidence falls in insurance, banking and finance sectors
Confidence among banking, finance and insurance professionals continues its downward trend, according to the latest UK Business Confidence Monitor (BCM) from ICAEW and Grant Thornton.
Dual appoints Manchester underwriter
Dual Corporate Risks has appointed Christopher Blake as a professional indemnity underwriter in the company’s national business unit.
Elite rules out solicitors' PI move
Legal expenses provider Elite Insurance Company has ruled out entering the solicitors’ professional indemnity insurance market due to the rules governing the assigned risk pool.
Stonebridge appoints SSP
SSP is working with Stonebridge International Insurance to upgrade its existing system as part of a legacy transformation project.
Stonebridge appoints SSP
SSP is working with Stonebridge International Insurance to upgrade its existing system as part of a legacy transformation project.
BGL names new product development recruit
The BGL Group has appointed Cian Murphy as its new associate director for insurer development, reporting to Will Price, director of BGL Group product development.
GAB Robins strengthens international capabilities
GAB Robins has today expanded its international network with the appointment of Ghafoor Associates in Pakistan.
KPMG welcomes run-off sector concessions under Solvency II
KPMG has welcomed a revised draft of the Omnibus II Directive which includes specific transitional arrangements fro (re)insurance companies in run-off under Solvency II.
Barrie & Hibbert to provide Solvency II support to Suravenir
Barrie & Hibbert is to provide the Economic Scenario Generator (ESG) of French life and pensions provider Suravenir in preparation for Solvency II compliance.
Axa enters joint venture in Algiers
Axa has signed two shareholders’ agreements in Algiers to set up two life and non-life insurance companies in partnership with the Banque Extérieure d’Algérie and the Fonds National d’Investissement (the Algerian National Investment Fund).
KPMG welcomes run-off sector concessions under Solvency II
KPMG has welcomed a revised draft of the Omnibus II Directive which includes specific transitional arrangements fro (re)insurance companies in run-off under Solvency II.