International Underwriting Association (IUA)
MGAA to challenge FSA "pleasant" but indifferent view
The chairman of the Managing General Agents’ Association has said the Financial Services Authority seemed indifferent to the new trade body.
IUA produces first time accurate London market stats
The International Underwriters Association has produced a measure of premium income generated by insurance and reinsurance companies written by London that could help them prepare for Solvency II.
US legislative changes offer opportunities for London Market
Legislative changes in the US could present “significant” business opportunities for London market companies, according to the International Underwriting Association.
Career development & CSR: IUA course aims to tackle demand for actuarial skills
A new training course that offers insurers an introduction to actuarial techniques has been accredited by the Chartered Insurance Institute.
Regulation tops London market agenda
Uncertainty around regulatory issues - from the replacement of the Financial Services Authority to a global focus on the perceived systemic risks of the insurance sector - remain top of the agenda for London company market insurers.
Rehabilitation: Embedding rehabilitation
Rehabilitation is now widely accepted by UK motor insurers, but its record continues to be mixed on implementation. Mark Baylis urges firms to consider the wider context of rehabilitation if further progress is going to be made.
IUA issues Bribery Act warning
The International Underwriting Association has urged insurers to make certain that they are managing the risks associated with the new Bribery Act.
IUA highlights key regulatory challenges facing London Market
A regulatory maelstrom is taking up significant management time and compliance costs of London Market companies, according to the London Underwriting Association.
Post history - 10 years ago: modernising move loses momentum
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
IUA warns of regulatory threat to London’s competitiveness
The International Underwriting Association has revealed its fears that a revamp of the UK regulatory structure could cost London its place as a worldwide financial services hub.
No huge rehab code changes
The Association of British Insurers and the International Underwriting Association have ruled out making sweeping changes to the rehabilitation code, after current guidelines received "huge support" from the industry.
Solvency II - Equivalence: The cost of regulation to cross-border trading
The regulatory costs associated with cross-border trading have long been a burden on international insurers, but things may be improving explains Nick Lowe.
IUA calls for "harmonisation" in EU insurance mediation directive talks
A public hearing today in Brussels on the proposed revision of the Insurance Mediation Directive came down in favour of "minimum harmonisation" of brokers and other sellers of insurance.
Claims supplement - London Market Modernisation: We've come a long way
The introduction of the electronic claims file system has modernised the way the London market handles losses. Jane Bernstein reports on where these advances may lead next.
Post Europe View from the Top: Environmental insurance comes of age
Environmental insurance, once labeled as difficult to obtain, data intensive and expensive, has come of age. With a 15-year history in the UK and Europe, and 30 in the US, the environmental market has developed and has the strength and maturity to…
IUA and ABI to review rehabilitation code
The International Underwriting Association and the Association of British Insurers are set to consider extending the rehabilitation code beyond the immediate needs assessment as part of a new review of the guidelines.
Postscript – 10 years ago: Xchanging in Lloyd’s and IUA tie-up
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight form ten years ago reveals.
Post in print - 28 October 2010
Senior reporter Dan Dunkley outlines the main news from this week's issue of Post.
IUA warns of "dearth" of regulators
A lack of qualified staff could undermine government plans to reform UK financial regulation, the International Underwriting Association has warned.
IUA warns of "dearth" of regulators
A lack of qualified staff could undermine government plans to reform UK financial regulation, the International Underwriting Association has warned.
IUA embraces impact of catastrophe modelling on insurance industry
The London market is developing an increasingly sophisticated catastrophe modelling community as companies look to support their operations with the latest techniques and research.
IUA embraces impact of catastrophe modelling on insurance industry
The London market is developing an increasingly sophisticated catastrophe modelling community as companies look to support their operations with the latest techniques and research.
Treasury rejects ABI call for IPT concession
The Treasury has rejected a plea by the Association of British Insurers for a concessionary period when the implementation of the new insurance premium tax rate rises come into effect next year.
Environmental liability: The carrot or the stick?
The idea of a new compulsory insurance class appears to represent opportunity to some and a major risk to market stability for others. Ralph Savage reports on how compulsory financial provision for environmental damage is viewed and whether it could ever…