Regulation
MPs for Financial regulation scrutiny panel unveiled
Half of a 12 member committee charged with scrutinising the government’s draft Financial Services Bill have been identified by the House of Commons.
New directive on insurance intermediaries: a serious warning against excessive regulations from Brussels
The new Intermediaries Directive (IMD2), coming less than a decade after the implementation of IMDI, will re-shape the entire regulatory environment for insurance distribution in each of the 27 EU member states.
Länsförsäkringar selects model partner
Swedish insurer Länsförsäkringar has selected Barrie & Hibbert’s economic scenario generator to be used within its Solvency II internal model.
Länsförsäkringar selects model partner
Swedish insurer Länsförsäkringar has selected Barrie & Hibbert’s economic scenario generator to be used within its Solvency II internal model.
Solvency II: Defining a practical implementation strategy
If you missed the recent live webinar in conjunction with Sas debating Solvency II and practical implementation strategies - it is now available for viewing on-demand.
Co-operative calls for tougher stance on false claims
The Co-operative Group is calling for tougher penalties for firms that encourage false personal injury claims and cold-call potential claimants via email, text or phone.
Employment law: Tribunals and tribulations?
The increasing number of employment tribunals presents an opportunity for brokers able to offer advice and legal expenses insurance, writes Kevin Pallett.
Lack of funds to spark Solvency II M&As
The cost of implementing Solvency II could lead to a spike in mergers and acquisitions, after a survey on how prepared the insurance industry is for the directive revealed only 31% of respondents claimed to have set aside sufficient funds.
Regulatory reform poses risk to financial stability
Regulatory and accounting changes faced by the insurance industry will dramatically alter its investment style, meaning companies will face greater problems raising funds to invest in the real economy, a legal firm has warned.
Post Magazine – 14 July 2011
The latest issue of Post Magazine is now available to subscribers as a digital and interactive e-book.
Regulatory reform poses risk to financial stability
Regulatory and accounting changes faced by the insurance industry will dramatically alter its investment style, meaning companies will face greater problems raising funds to invest in the real economy, a legal firm has warned.
Insurance News Now – 14 July - Insurers fear £9m fraud unit will prompt further cash calls
Post senior reporter Amy Ellis outlines this week's major general insurance stories which include fears from some industry figures that the insurance industry will be called on to foot the bill for more policing after agreeing to invest £9m over three…
Exclusive D&O and regulation content now available on Post Europe
Post Europe’s weekly update is now live with all the latest news and an article on how bancassurance might be the ideal channel for commercial insurance in Italy; and a View from the Top on how increased regulation in Europe might stifle innovation.
Post Europe: View from the Top – What price pan-European regulation?
The increased attention on all aspects of regulation across Europe has the potential to slow down the drive for innovation. Ironically, this comes at a time when technology is making important gains in distribution and the simplification of the insurance…
The Geneva Association appoints head of institutional relations
International insurance think tank, The Geneva Association, has appointed former secretary general of the International Association of Deposit Insurers and deputy director of the Federal Deposit Insurance Corporation, Donald Inscoe, as head of…
View from the Top – What price pan-European regulation?
The increased attention on all aspects of regulation across Europe has the potential to slow down the drive for innovation. Ironically, this comes at a time when technology is making important gains in distribution and the simplification of the insurance…
The Geneva Association appoints head of institutional relations
International insurance think tank, The Geneva Association, has appointed former secretary general of the International Association of Deposit Insurers and deputy director of the Federal Deposit Insurance Corporation, Donald Inscoe, as head of…
BIA 2011 Achievement Award winner Scott: Market reaction
Having been crowned Achievement winner at the British Insurance Awards last night, a number of high profile market faces have today lauded Sandy Scott for his work at the Chartered Insurance Institute.
Government insists it will not make "knee jerk" referral fee ban decision
The Government has insisted that while sympathetic to a ban on referral fees, it will not introduce one as a knee jerk reaction.
Postbox: Gender quotas will only backfire
Reading Heather Jackson's analysis of Vince Cable's hopes for gender equality in the insurance industry, I agree that looking at the existing talent pool, holding consultations and limiting the number of directorships one person can hold should all be…
Insurance & social media: To tweet or not to tweet
The insurance industry has struggled in its early attempts to adopt social media, due to its staid reputation. Sam Barrett warns that being slow to capitalise on the benefits it can bring means the industry is missing a trick.
Editor's comment: Customer conundrum
Cuddly toy or cold hard cash? That appears to be the latest dilemma facing the insurance-buying public.
Broker networks: Member merits
Brokers often highlight the merits of network structures but is their enthusiasm shared by insurers? Peter Knowles reveals what underwriters really think about the membership model.
Affinity: 'Sticky' challenge faced by affinity in bid to boost business
Insurers must "tap into partner loyalty" within affinity arrangements if they are to stay one step ahead of mounting outside pressures, according to Ageas' partnerships director Ian Wardle.