Regulation
Fitch upgrades Italian insurance market
Fitch Ratings has revised the rating outlook for the Italian non-life insurance market to stable from negative, on the grounds of improving profitability driven by premium rises and better risk selection.
Clarke outlines CFA plans
Justice secretary Ken Clarke has confirmed that the government will modify ‘no win, no fee’ arrangements with its implementation of the Jackson Review.
Fitch upgrades Italian insurance market
Fitch Ratings has revised the rating outlook for the Italian non-life insurance market to stable from negative, on the grounds of improving profitability driven by premium rises and better risk selection.
Generali responds to stock market request on PPF
In response to a request by Consob Italy’s stock market regulator, insurance group Assicurazioni Generali has issued a statement detailing the terms of its deal with Czech-based financial business PPF Group.
Willis Re: S&P economic capital criteria “incentivises insurers”
Willis Re’s report on Standard & Poor’s new criteria for assessing insurers’ economic capital models has found the latest S&P release “incentivises insurers to adopt more sophisticated internal capital models” by giving them the opportunity to use the…
Generali responds to stock market request on PPF
In response to a request by Consob Italy’s stock market regulator, insurance group Assicurazioni Generali has issued a statement detailing the terms of its deal with Czech-based financial business PPF Group.
Willis Re: S&P economic capital criteria “incentivises insurers”
Willis Re’s report on Standard & Poor’s new criteria for assessing insurers’ economic capital models has found the latest S&P release “incentivises insurers to adopt more sophisticated internal capital models” by giving them the opportunity to use the…
Clarke poised to unveil Jackson plans
Justice secretary Ken Clarke will address parliament tomorrow outlining the government’s plans for the implementation of the Jackson report, Post has learnt.
Exclusive piracy and technology content now available
Insurance Insight’s weekly update is now live with an article on an article on how international cooperation can tackle piracy and an interview with Ashish Goel from Infosys Technologies.
Exclusive piracy and technology content now available on Post Europe
Post Europe’s weekly update is now live with an article on an article on how international cooperation can tackle piracy and an interview with Ashish Goel from Infosys Technologies.
Group jailed for insurance claims fraud
Six people have been sentenced after a bogus insurance claims company conned solicitors out of almost £150 000.
Insurance Insight interview: Infosys Technologies
Ashish Goel, associate vice president and group engagement manager for insurance, healthcare and life sciences at Infosys Technologies answers Insurance Insight’s questions.
Post Europe Interview: Infosys Technologies
Ashish Goel, associate vice president and group engagement manager for insurance, healthcare and life sciences at Infosys Technologies answers Post Europe’s questions.
Government considers NI corporation tax devolution
The government has outlined potential plans to grant the Northern Ireland Executive the power to set its own rates for corporation tax.
ABI reveals stress test concerns
The Association of British Insurers has questioned the Insurance and Occupational Pensions Authority’s decision to schedule a stress test during the implementation of Solvency II.
ABI reveals stress test concerns
The Association of British Insurers has questioned the Insurance and Occupational Pensions Authority’s decision to schedule a stress test during the implementation of Solvency II.
H&S cuts worry for insurers
Insurers have expressed concern at government plans to cut health & safety inspections.
Credit hire - market update: time for a credit check
With the coming year shaping up to be just as busy as 2010 in the credit hire arena, Craig Dickson looks at the themes and issues likely to dominate.
Erwin: growth to come from broking firm uncertainty
Westinsure's incoming chief executive Norrie Erwin has said regulatory uncertainty in the broking sector will boost the firm's growth.
Editor's comment: hard work starts here
The British Insurance Brokers' Association must be feeling pretty vindicated and pleased with itself right now — and justifiably so.
Disappointment over 10% increase in FSA funding
The insurance market has expressed disappointment at a 10% increase in the Financial Services Authority's funding requirements during 2011/2012.
Budget 2011: Reduction in regulation costs welcome
Speaking on the £350m of proposed business regulation cuts, Ash Saluja from law firm CMS Cameron McKenna, said: “Any reduction in regulation costs is welcome, but financial firms’ understanding of cutting red tape is a long way from Treasury proposals…
Post Magazine – 24 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Budget 2011: Government CER plans “unclear”
Accountancy advisers Mazars has claimed that government proposals to maintain tax relief on Claims Equalisation Reserves “leaves more questions open than it answers”.