Regulation
Mass calls on legal industry to fight legal changes
The Motor Accident Solicitors Society has called on solicitors to keep fighting further change and report any problems in the new legal system.
Apil: Seriously injured people risk being short-changed in government plans
Severely injured people could face having their damages cut further under government proposals, the Association of Personal Injury Lawyers has claimed.
The Scottish currency question
One of the key questions in Scotland’s independence debate at the moment is which currency Scotland would use in the event of a ‘yes’ vote on 18 September 2014.
Mass welcomes the government's ‘reasoned’ approach to whiplash
The Motor Accident Solicitors Society has welcomed the government’s decision to defer the publication of its response to the whiplash consultation until the Transport Select Committee whiplash inquiry finalises.
ABI pushes Flood Re proposal as SoP extended
The Statement of Principles has been extended by one extra month while discussions over the long term solution for flood risk cover between the insurance industry and government continue.
Biba 2013: ABI, Biba and CILA team up to engage with FCA claims review
The British Insurance Brokers’ Association (Biba), the Association of British Insurers (ABI), the Chartered Institute of Loss Adjusters (CILA), brokers and insurers have started a new claims working group which aims to proactively and positively engage…
Post Magazine - 16 May 2013
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Midwives professional indemnity: Communication breakdown with PI specialists leaves ball in coalition’s court
Government tasked to intervene as midwives’ insurance talks corrode
Quindell model calls for clarity after shares plummet
Speed and volume of deals have caused confusion
Tax Avoidance: Insurers warned over tax avoidance after WHA loses appeal in NIG VAT case
VAT not recoverable in offshore scheme involving NIG, Crystal and Viscount
View from the Top: You can’t keep a good broker down
With the British Insurance Brokers’ Association conference taking place this week it seems appropriate to consider the sheer resilience of the independent broking sector in the UK market.
View from the Top: The slow pace of regulation
Only consistent and uniform implementation across the entire continent will bring benefits.
Mass welcomes Grayling’s call for lower insurance premiums
The Motor Accident Solicitors Society has welcomed Chris Grayling’s challenge to the insurance industry to bring down premiums.
Post magazine – 9 May 2013
How do your customers rate the claims service you provide? Probably not as well as you think.
View from the Top: Harmonising ASEAN insurance regulation
Steven Dewhurst, a partner at DAC Beachcroft, asks why the ASEAN Economic Community is taking so much time to bring about intra-regional regulatory harmony.
Broking Supplement: Comment - Steve White
Biba's new chief executive Steve White looks forward to the challenges he will face in his new role.
Broking Supplement: Terms of Business Agreements - On our terms
The ABI and Biba got together at last month's Broker Insurer Forum to agree a standard Terms of Business Arrangements template. Post finds out what impact it will have on the industry.
Broking Supplement: Taking heads - Matters of opinion
The last 12 months have been busy for the broking sector with a new regulatory regime, the continuing financial crisis and the battle against the current Financial Services Compensation Scheme all occupying the minds of intermediaries. Post caught up…
Hong Kong's regulator comments on RBC timetable
As Hong Kong's insurance industry prepares for a risk-based capital regime, Insurance Insight asks Annie Choi, Commissioner of Insurance at the Office of the Commissioner of Insurance Hong Kong, about the implementation timetable.
Post magazine – 2 May 2013
The latest edition of Post magazine is now available to subscribers as a digital and interactive e-book.
Regulatory uncertainty raises domicile questions
Splitting tax domiciles and regulators could be an enticing prospect for insurance groups looking to avoid the European Union’s Solvency II regulations.
Lords’ EL U-turn brings uncertainty and will lead to satellite litigation
Insurers have been warned they may face increased indemnity spend for employers’ liability claims, as legislation passed by the House of Lords last week in the form of the Enterprise & Regulatory Reform Act 2012 will require time-consuming and costly…
Editor's comment: A bit of common sense
Last week, the House of Lords turned back the clock 100 years on employer liabilities for breaches of health and safety duties and passed what has been referred to in its very chambers as an “ugly” part of the Enterprise and Regulatory Reform Bill.
BVI sees captive flight
The British Virgin Islands has seen its popularity as a captive destination decline over the last few years, according to a report by research firm Timetric.