Financial Services Authority (FSA)
IIB disappointed with “bleak” FSA fee and levy proposals
The Institute of Insurance Brokers has revealed its disappointment with the FSA’s proposals to change its fee structure and increase Financial Services Compensation Scheme levies for 2010/11.
Consumer protection committee proposed
The Financial Services Authority, Office of Fair Trading and Financial Ombudsman Service have proposed the creation of a consumer protection committee to scan for emerging risks.
ILAA targets FSA fees
The newly-formed Independent Loss Adjusters Association has pledged to make Financial Services Authority fees its top priority when it officially launches in spring.
Ambant appoints former FSA associate to head up new unit
Ambant has created a new business practice to help brokers and underwriters respond to scrutiny from the Financial Services Authority.
FSA disappointed with industry criticism of PPI reforms
The Financial Services Authority has published feedback to its plans to reform the Payment Protection Insurance (PPI) market and announced a further six week consultation on its revised package of measures.
Lloyd’s partners with QuIC for Solvency II preparations
Specialist insurance market Lloyd’s has selected QuIC Financial Technologies to aid its preparations for Solvency II.
Election 2010: Interview - Stewart Hosie MP, the SNP
In the second of Post's six-part profile on all the major parties, Jonathan Swift talks to MP Stewart Hosie, the SNP spokesman on finance and Treasury matters, about the party's plans and priorities.
Hiscox despairs over Tory FSA proposal
Hiscox's chairman has credited a three-fold increase in annual profits on responsible investment strategy, a cautious approach to underwriting catastrophe-exposed risk and a benign mother nature.
Jubilee announces new senior appointments
Jubilee has today announced the next stage of its strategic growth plans with Clive Buesnel as their new group chief executive officer and Andreas Loucaides as group development director.
FSA fires warning letter to brokers
The Financial Services Authority has reminded insurance intermediary firms that they must have adequate financial resources at all times.
In Series - Solvency II: Stretching for the summit
Preparing for Solvency IIis turning out to be a much bigger challenge than many initially anticipated. Sam Barrett reports on what companies are doing to scale up in time.
Mondial Assistance renews Last Minute deal
Mondial Assistance in the UK has signed a new three-year pan-European contract online travel and leisure retailer Lastminute.com.
In Series: Solvency II - Getting the message through
Insurer thinking has evolved over the issue of Solvency II and Sam Barrett explains how they are being won round to seeing the potential benefits of implementation.
Industry united in FSA fee opposition
The insurance industry has voiced its concern over the Financial Services Authority's "value for money" after the regulator announced increases to regulatory fees for the next 12 months.
Jacobs exits ABI for new role at FSA
Justin Jacobs is leaving the Association of British Insurers to work in a newly created role at the Financial Services Authority.
Pick of the week
Post reporter Leigh Jackson outlines some of the major stories from this week's issue of Post Magazine.
Biba: FSCS PPI levy “galling” for brokers
The British Insurance Brokers’ Association has claimed that the Financial Services Compensation Scheme an interim levy of £20m to fund failures involving the sale of payment protection insurance is “galling” for insurance brokers.
Biba responds to FSA fees
The British Insurance Brokers' Association has issued a response to the Financial Services Authority's fees and levies for the next two years.
FSA proposes 10% increase in regulatory fees for 2010/11
The Financial Services Authority has announced its proposed annual funding requirement for 2010/11, with increases of 10% in regulatory fees cited as necessary to provide more “intensive” and “intrusive” supervision.
Business Interruption - Valuations: Setting sums
The risk of commercial underinsurance can leave brokers in the firing line and the insured financially distressed. Terri Adams and Richard Powell report on how this can be avoided.
In Series: Solvency 2 - A year of achievement
With implementation deadlines for Solvency II fast approaching, Sam Barrett looks at how these are driving market developments and insurer action.
News analysis: Financial Services Bill - Nuts and bolts
The Financial Services Bill is going through the legilslative process. Daniel Preddy and Martin Langley explain why more debate is needed about some of the proposals.
Editor's comment: Sants - is he quackers to give up FSA position?
A headline screaming "lame duck" and "Financial Services Authority" was put up on the Post website on Tuesday following the resignation of the regulator's chief executive Hector Sants.