Regulation
Lloyd’s & London market – review of the year: Troubled times
A succession of natural catastrophes got 2010 off to a bad start and the market continued to struggle - but the resolution of Brit’s future and the prospect of consolidation could see the year end on a high. Mairi Macdonald reports.
Warning over reserves as retirement age rises
Insurers have been urged to review their reserve levels, as the proposed abolition of the retirement age could see claimants seeking increased compensation in personal injury cases.
News Analysis - IMD: In perfect harmony
New minimum harmonisation requirements being proposed by the EU for IMD2 hope to level the regulation playing field. Vic Wyman reports.
News Analysis - IMD: In perfect harmony
New minimum harmonisation requirements being proposed by the EU for IMD2 hope to level the regulation playing field. Vic Wyman reports.
Sants: PRA to have stronger failure focus
The Prudential Regulation Authority will be more focused on reducing the impact of firm failure than the Financial Services Authority, FSA chief executive Hector Sants has revealed.
FSA authorisations taking 'twice as long' as last year, says law firm
The length of time it takes the Financial Services Authority to grant firms permission to expand their businesses has more than doubled in the last year.
CEA lays out IMD stance
The CEA, Europe's insurance and reinsurance federation, has set out its views on the European Commission’s review of the Insurance Mediation Directive.
CEA lays out IMD stance
The CEA, Europe's insurance and reinsurance federation, has set out its views on the European Commission’s review of the Insurance Mediation Directive.
IUA calls for "harmonisation" in EU insurance mediation directive talks
A public hearing today in Brussels on the proposed revision of the Insurance Mediation Directive came down in favour of "minimum harmonisation" of brokers and other sellers of insurance.
IUA calls for "harmonisation" in EU insurance mediation directive talks
A public hearing today in Brussels on the proposed revision of the Insurance Mediation Directive came down in favour of "minimum harmonisation" of brokers and other sellers of insurance.
Post Europe: Data security – is Europe still lagging behind the US?
Some believe that Europe continues to lag behind the US in terms of data security. Matthew Hogg explores the likely triggers for improved levels of data security in Europe.
Data security – is Europe still lagging behind the US?
Some believe that Europe continues to lag behind the US in terms of data security. Matthew Hogg explores the likely triggers for improved levels of data security in Europe.
Guest named chairman of education mutual
The higher education mutual UMAL and its partner intermediary UMSL have appointed Allan Guest as chairman of their boards.
Guy Carpenter awarded broking licence by Chinese regulator
Guy Carpenter has announced that it has been awarded the wholly owned foreign enterprise broking licence by the China Insurance Regulatory Commission.
ABI backs Law Commission plans for consumer legislation
Law Commission proposals to update consumer insurance legislation for the first time in more than a century have gained the backing of the Association of British Insurers.
BoE questioned over insurance expertise
Political consultancy firm Cicero has questioned the Bank of England's ability to govern the insurance sector.
Bidders to log interest in Quinn today
Troubled Anglo Irish Bank is forging ahead with plans to take over Quinn Insurance despite its own uncertain future.
Bidders to log interest in Quinn today
Troubled Anglo Irish Bank is forging ahead with plans to take over Quinn Insurance despite its own uncertain future.
EC launches VAT consultation
The European Commission has launched a public consultation on how the EU’s value added tax system can be strengthened and improved, to the benefit citizens, businesses and member states.
EC launches VAT consultation
The European Commission has launched a public consultation on how the EU’s value added tax system can be strengthened and improved, to the benefit citizens, businesses and member states.
Post Europe December: Exclusive online content now live
Post Europe December is now live with a Q&A session with Aon-Benfield, a review of the Turkish general insurance market, a close look at new European Union Iranian sanctions, as well as our regular View From the Top slot this month on Ireland’s financial…
Exclusive online content now live
Insurance Insight December is now live with a Q&A session with Aon-Benfield, a review of the Turkish general insurance market, a close look at new European Union Iranian sanctions, as well as our regular View From the Top slot this month on Ireland’s…
Axa: homeowners in flood risk areas are underpaying for insurance by 58%
Household insurance for homes in high flood risk regions is being subsidised by £511 each year, according to Axa. This means that homeowners in affected regions are only paying 42% of the true cost of insurance to protect their homes against flooding.
Allianz: 50% of brokers have no knowledge of CIE regulations
Almost 50% of brokers have no knowledge of the new Continuous Insurance Enforcement regulations, which are due to come into force early in 2011, Allianz Commercial has learnt.