Regulation
MMA appoints Solvency II chief
MMA Insurance has appointed Anthony Collins as head of actuarial focusing on the firm's preparations for Solvency II.
Axa urges MoJ to cut legal costs
Insurer Axa has welcomed the Ministry of Justice’s ban on referral fees but has urged the government to tackle lawyers fixed fees.
Biba calls for riot notification changes
The British Insurance Brokers’ Association has urged the government to change the Riot Damages Act notification period permanently from 14 to 42 days.
Costly referral fee ban rejected as claims firm details lobbying alternative
Ai Claims Solutions is set to lobby MPs with a four-point plan to reform the referral fees system in place of the "costly and timeconsuming legislation" of an outright ban.
Editor's comment: A new way of looking at things
Usually I reserve my commentary for the market’s latest developments, seeking to pinpoint emerging trends or highlight questionable practices – both those within the industry and, more often than not, those that adversely impact upon it.
News analysis: Personal injury lawyers on the defensive over litigation claims
Allegations of inflated legal claims cost submissions have found backing from insurers
BIS Countdown: Sir John Grieve - In the eye of the storm
As deputy governor of the Bank of England, Sir John Gieve was in the centre of the worst financial crisis for a century. What has hindsight revealed and what are his views on the subsequent regulatory shake-up?
Monte Carlo Rendezvous: A year of catastrophes
2011 has seen a series of serious natural catastrophes follow fast on those of 2010. How will this shape debate next week at Monte Carlo?
9/11 Contract certainty: The first steps taken
A rush of legal cases always followed a catastrophic loss before contract certainty was introduced. The attacks on 11 September 2001 thrust the issue into the spotlight but were other factors at play?
Post Magazine - 8 September 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
SRA responds to ABS delay
The chair of the Solicitors Regulation Authority, has responded to comments relating to the delay in the SRA becoming an approved regulator of Alternative Business Structures.
Reinsurance market reassured by AM Best there is hope
AM Best said there are hopeful signs emerging for the global reinsurance industry after years of a soft market, weak investment returns, lukewarm investor interest and sluggish consolidation activity.
Global reinsurance outlook no longer negative
Moody's Investors Service has changed the outlook on the global reinsurance sector from negative to stable reflecting the momentum for a hardening in reinsurance rates, a refocusing on the value of reinsurance, and the good risk management and discipline…
Link4 responds to Polish brokers class law action news
Link4 has responded to The Polish Chamber of Insurance and Finance Intermediaries' announcement that 35 insurance intermediaries have filed a class action lawsuit for €3m.
Law firm Pannone considers ABS
Pannone is looking at its options to become an Alternative Business Structure having established its affinity solutions division less than a year ago.
Austrian insurer Vienna Insurance Group to merge Polish subsidiaries
Austrian insurer, The Vienna Insurance Group, intends to increase its sales power in the Polish non-life market by merging the companies Inter Risk and PZM.
Mayer Brown appoints insurance industry partner
Law firm Mayer Brown has today announced the appointment of Colin Scagell to the corporate and securities practice and Insurance Industry Group in London.
Insurance Insight September: Renewable energy, mobile technology and THB
Insurance Insight September is now live with an article on insurers’ growing interest in renewable energy; a look at the new demand for mobile insurance; and an interview with broker THB to find out about its latest expansion plans.
Insurance Insight Q&A: Paul Lindeboom
Broker THB recently made the news with its expansion plans for its Amsterdam office. Insurance Insight caught up with Paul Lindeboom, executive director of THB’s Amsterdam operation, to find out all the news on the new appointments and what the plans are…
Companies face tougher risk reporting rules
Companies look set to be forced to improve the way they report the key strategic risks facing their businesses, following criticism from accounting standards setter the Financial Reporting Council.
Biba and IIB call for FCA changes
The two broker bodies, Biba and the IIB, have jointly called for regulatory barriers to be lowered and for the current inappropriate style and intensity of regulation to be reformed.
Post history - five years ago: Young driver scheme needs shaking up
Looking back through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this article from five years ago reveals.
Post history - 10 years ago: Regulatory nit-picking lambasted
Looking back through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this article from 10 years ago reveals.
Comment- mutuals: Public preference
Mutuals can be overlooked or underused by public bodies, but Allan Guest argues that they are the most cost-effective and appropriate choice for public sector risks.