Regulation
Building the right model for Solvency II
The different levels of readiness and varying budgets among insurers revealed in the report Getting set for Solvency II recently released by Pricewaterhouse Coopers surely came as no surprise to the insurance industry.
Interview – Robert Hiscox: Opinions of the insurance industry
Robert Hiscox is never one to hold his tongue. When Daniel Dunkley met him to talk about current market conditions, he was as forthright as expected on the FSA, ABI, government policy and price-matching practices.
Delaying Solvency II "risky" claims PwC partner
Insurance companies have been warned that it would be a "risky strategy" to delay the implementation of Solvency II on the basis of the Omnibus II directive.
Lord Jackson pushes for full implementation of reforms
Lord Justice Jackson has outlined his intention of securing a complete implementation of his civil litigation reforms.
Post Magazine – 27 January 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
ABI responds to FSA product intervention paper
The Association of British Insurers has responded to the discussion paper published by the Financial Services Authority.
FSA launches consultation on product intervention
The Financial Services Authority has published a discussion paper about how the FSA, and the proposed Consumer Protection and Markets Authority should pursue the objective of consumer protection and specifically the issue of product intervention.
Guernsey rejects idea of equivalence under Solvency II
The authorities in Guernsey have no plans to seek equivalence under Solvency II, according to the Guernsey Financial Services Commission and the States of Guernsey Commerce and Employment Department.
Guernsey rejects idea of equivalence under Solvency II
The authorities in Guernsey have no plans to seek equivalence under Solvency II, according to the Guernsey Financial Services Commission and the States of Guernsey Commerce and Employment Department.
Lord Sugar and Aon's Case line up for Biba 2011
The keynote speakers for this year’s British Insurance Brokers' Association conference have been confirmed as Greg Case, president and CEO of Aon Corporation, explorer Ed Stafford who was the first man to walk the length of the Amazon and businessman and…
Risk modelling - Underwriter responsibility: Model behaviour
Models have quickly become a valued tool for underwriters. Matthew Washington examines how the advent of Solvency II could really make them fly.
Cost cutting could affect Jackson proposals
The government's drive to cut public spending could affect its decision to implement Lord Justice Jackson's civil litigation proposals, a pressure group has stated.
Editor's comment: A whimper not a bang
Given that last week saw the government's transport select committee reconvene to discuss the thorny issue of rising motor premiums, it was somewhat bad timing — as far as the industry is concerned — that the Office of Fair Trading also emerged with…
Subsidence - Tree preservation orders: Addressing the root cause
Legislation for tree preservation orders will be changing in the coming year. Keiron Hart examines what these changes mean in practical terms, and whether some opportunities have been lost.
Biba conference adds some Sugar
Aon president and chief executive Greg Case and businessman and TV star Lord Alan Sugar are to top the bill at this year's British Insurance Brokers' Association conference.
News analysis - OFT: Competition investigation ends in a 'damp squib'
Following a tip off from insurer RSA, the Office of Fair Trading looked into whether an Experian data analysis tool could create the potential for price fixing. Mairi MacDonald reports on the results of the lengthy investigation.
Post Magazine – 20 January 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Factory pays compensation to family of asbestos victim
The family of a former assembler at a Caterpillar UK factory has won compensation after he died from an asbestos-related cancer.
Florida a hot-spot for staged motor accidents
Florida’s chief financial officer has pledged to go after insurance fraudsters following seven arrests last week across two of the state’s cities.
Irish sources name Zurich as new favourite to buy Quinn Insurance
Zurich Insurance has been named by Irish sources as the new front-runner to buy Quinn Insurance.
Irish sources name Zurich as new favourite to buy Quinn Insurance
Zurich Insurance has been named by Irish sources as the new front-runner to buy Quinn Insurance.
Anglo Irish "yet to bid" for Quinn
The National Treasury Management Agency in Ireland is yet to sign off a bod by Anglo Irish Bank to take over Quinn Insurance because the bank has yet to make a final submission, according to the Irish Independent.
Anglo Irish "yet to bid" for Quinn
The National Treasury Management Agency in Ireland is yet to sign off a bod by Anglo Irish Bank to take over Quinn Insurance because the bank has yet to make a final submission, according to the Irish Independent.
Post Europe - View from the Top: Insurers' growth prospects
Looking back at 2010, most insurance companies have restored their capital to pre-crisis levels. This favourable development applies to life and non-life insurers in both the developed and developing economies.