KPMG
KPMG unsurprised by US omission in Solvency II project
KPMG has welcomed Ceiops draft advice (Consultation Paper 81), published yesterday, on which jurisdictions’ regulatory regimes are to be considered within the first wave of Solvency II equivalence assessments.
KPMG unsurprised by US omission in Solvency II project
KPMG has welcomed Ceiops draft advice (Consultation Paper 81), published yesterday, on which jurisdictions’ regulatory regimes are to be considered within the first wave of Solvency II equivalence assessments.
Technology - E-certificates: Certifiable progress
Jakki May explains that changes to the law regarding e-certificates for motor insurance mean that the industry can now make headway in dispensing with old-style postal delivery, potentially saving millions on printing while also reducing fraud.
KPMG pair at First City
KPMG's David Costley-Wood and Michael Walker have been appointed as administrators for First City Insurance Group and its subsidiary First City Partnership.
KPMG appointed as First City's administrator
David Costley-Wood and Michael Walker, restructuring partners at KPMG, have been appointed joint administrators of First City Insurance Group and its subsidiary company, First City Partnership by the companies’ directors.
Finance raising - IPOS: Lack of activity
Marsh recently predicted an increase in initial public offerings. Amy Ellis looks at what is actually happening and the impact on the wider insurance community.
Solvency II could see MGA rise
The rise in capital requirements due to Solvency II could drive up the number of managing general agents in the UK market.
Someone to watch over me
If the FSA's plans to create a consumer protection committee go ahead the insurance industry may find itself under intense scrutiny, writes Daniel Dunkley.
See you later, aggregator
Industry commentators are predicting a crackdown on web aggregators - but will the sites' popularity with consumers beat expectations? Rachel Gordon reports
Claims - Controlling Costs: See things differently
Identifying claims leakage is essential for insurers seeking to control costs. Sam Barrett investigates whether new analytics and data visualisation hold the key.
Commission disclosure fear for brokers seeking IPO
Brokers planning to list on the London Stock Exchange should be wary of potential changes to commission disclosure rules, KPMG warned this week.
Arc reports upswing in run-off liabilities
A report by the Association of Run-off Companies and KPMG shows an increase of more than £8bn in UK non-life run-off market liabilities for 2009.
Interview: Andrew Keeling - Turning risk to commercial reward
Andrew Keeling has been involved in risk management since its inception. Who better to lead the discipline forward? Lynn Rouse talks to the new chairman of the Institute of Risk Management.
Drive Assist extends enquiry
An investigation into malpractice at Drive Assist has been extended after the credit hire operator enlisted KPMG to look into the matter.
Provident is front runner for Tesco motor panel
Tesco Bank is poised to sign deals with several insurers, including up-for-sale Provident, to handle "non-standard risks" as part of a panel arrangement, Post has learnt.
Top 5 Post stories
The top five most popular stories on postonline.co.uk over the last week were:
Consolidation saved brokers from bankruptcy - KPMG
Consolidation in the market has saved brokers from bankruptcy, but the recession is far from over, says a senior restructuring expert at KPMG.
Junction appoints Colin Graham as new business development director
Junction targets growth with appointment of business development director.
Insurance bosses expect regulatory costs to rise
KPMG survey shows 52% expect red tape to significantly impact balance sheets
Run off market increased by 30% in 2008
Annual KPMG report claims market is worth £37.4bn.
Moving on
Some brokers yearn for freedom from the corporate bureaucracy of larger firms or to become their own boss. Rachel Gordon explores the options available to those wanting to make a move.
AIG UK appoints COO
Tom Colraine appointed to new role