Regulation
Gender Directive: New Tricks
The EU Gender Directive has given rise to a new generation of ‘girly’ motor insurers – but are the practices sustainable in the long term?
View from the Top: Don’t let data leave you behind
So, after my 20-month holiday, what’s new in the market? Well, you are certainly all a bit greyer around the temples.
Insurers urged to get women in boardroom before legislation mandates it
Insurers have been advised to act on boardroom diversity before they face legislation.
Your say: Lack of MRI value for whiplash
Axa recently produced a whiplash report in which it advocated the use of MRIs in whiplash injury claims.
UK regulator warns on Axa clone
The Financial Conduct Authority has warned that a firm branding itself as Axa Isle of Man Limited has no ties with the French insurer.
FCA warns on Axa clone
The Financial Conduct Authority has warned that a firm branding itself as Axa Isle of Man Limited has no ties with the French insurer.
India confirms banks can become brokers
The India Regulatory Development Authority has confirmed banks can become brokers and sell the products of several general and life insurers.
Whiplash: What next?
The Transport Select Committee published the much anticipated findings of its inquiry into whiplash claims last week.
Asia View from the Top: Islamic insurance at the crossroads
Steven Dewhurst, partner at DAC Beachcroft, suggests regulatory action is needed to help tighten up the takaful market.
CII: Data protection hindering fraud fight
The industry's attempts to work together to combat fraud are being hampered by the Data Protection Act, the Chartered Insurance Institute has claimed.
Fund managers PI queries set to rise
Insurers can expect an increasing number of professional indemnity queries from new and existing fund manager clients and their brokers as the cover becomes a regulatory requirement, CMS Cameron McKenna has warned.
Andy Briscoe appointed chairman of Money Advice Service
Andy Briscoe, chairman of general insurance intermediary The Policy Shop, has been appointed chair of the Money Advice Service.
Post magazine – 1 August 2013
In this week's Post, the conclusion of a Transport Select Committee inquiry into the cost of motor insurance has sparked “disappointment” among insurance industry bosses after MPs refused to support Ministry of Justice plans to place whiplash claims on…
Insurers insist they have nothing to hide after ‘self serving’ legal campaign
Law Society says claimants accepting early offers are being ‘mugged’.
Whiplash small claims track extension under threat
The conclusion of a Transport Select Committee inquiry into the cost of motor insurance has sparked “disappointment” among insurance industry bosses after MPs refused to support Ministry of Justice plans to place whiplash claims on the small claims track.
Supply chain: A closer look
Insurers must understand the microeconomics of supply chains to thrive during the downturn.
Interview: Biba's Steve White: Bold beginnings
From ‘shouting’ at the regulator to outlining a new segmentation strategy, new Biba chief executive Steve White has already ruffled more than a few feathers in his first 100 days in the hot seat. He tells Post he’s started as he means to go on...
PPI complaints falling but Ombudsman warns against complacency
The number of complaints being lodged over the mis-selling of payment protection insurance may have peaked, the Financial Ombudsman Service said this week.
Quinn liquidators look to sue PWC for 'negligent accounting'
Quinn Insurance liquidators are suing PWC Ireland for €1bn (£863m), having accused the professional services firm of negligent accounting.
Ping An gains license to begin futures trading
Ping An Insurance Company of China has become the first insurance company on the Chinese mainland to trade stock index futures.
FCA will act on 'competition mandate' Wheatley warns
The Financial Conduct Authority’s plan to drive effective competition in all financial services markets is the biggest break with the old regime, chief executive Martin Wheatley said today.
FCA puts competition at the heart of new regime
Ensuring that there is effective competition in financial services markets is the most significant change to the Financial Conduct Authority’s new regulatory regime, chief executive Martin Wheatley said today.
Solvency II voted biggest regulatory challenge by EMEA insurers
Over 90% of insurers in Europe, the Middle East and Asia view Solvency II as the biggest regulatory challenge facing their organisation, according to a study by the Economist Intelligence Unit.
Solvency II is "biggest challenge" for 90% of EMEA insurers
Solvency II tops the list of the biggest regulatory challenge for insurers in Europe, the Middle East and Asia, according to a study by the Economist Intelligence Unit.