Regulation
European super regulator rules passed
Rules passed today which create three new European Supervisory Authorities and a European Systemic Risk Board keep national regulators at the fore whilst ensuring a common rule book to prevent future economic crises, Kay Swinburne MEP, European…
New CILA chief to take up code challenge
The new president of the Chartered Institute of Loss Adjusters has vowed to publish a new code of conduct before the end of the year.
BIS 2010: Aviva CRO highlights Hodges role in promoting risk management
Aviva UK chief executive officer Mark Hodges made improving the firm’s risk management a top priority after taking up the role, according to the insurer’s group chief risk officer Robin Spencer.
BIS 2010: Towergate's Blanc underlines issues faced by IPO market
Towergate deputy group chief executive Amanda Blanc has highlighted the difficulties companies are facing launching IPOs in the current financial market.
BIS 2010: Baugh claims UK insurance industry lacks cohesive voice
The UK insurance industry may fail to get its voice heard at home and on an international stage because it is too “fractured”.
US financial markets - Enter the enforcer
Two years on from the onset of the financial crisis, what lessons has reinsurance learnt? Tim Evershed investigates.
Former parliamentary insurance chair Greenway joins claims firm board
Claim Experts has appointed former chairman of the All Party Parliamentary Group on Insurance and Financial Services Jon Greenway as a non-executive director.
Interview: Two is better than one
Katherine Blackler talks to Swiss Re's Alex Kaplan - vice-president of regulatory affairs - and Michael Natal - vice-president of tax - about their unconventional specialisms and the potential impact of the Neal Bill
FSA joins forces with US regulator
The Financial Services Authority has entered a memorandum of understanding with theUS Financial Industry Regulatory Authority.
Biba: brokers will have to change if ELIB introduced
The British Insurance Brokers’ Association has responded with support to the Financial Services Authority consultation paper for the new Employers’ Liability Insurance Database, operated by the Employers Liability Tracing Office.
FSA enters agreement with US regulator
The Financial Services Authority and the US Financial Industry Regulatory Authority have entered into a memorandum of understanding to support more robust cooperation between the two regulators.
Collins Solicitors responds to Lord Young’s review
Des Collins, senior partner of Collins Solicitors, has responded to the predicted conclusion of Lord Young's review.
Quinn sale deadline nears
The deadline for expressions of interest in Quinn Insurance expires this evening, according to reports.
Torrance hails climate change report
Climate Wise has welcomed the first national assessment of the UK’s climate change praperedness.
FSA chairman warns against EU interference in regulation
Lord Adair Turner has insisted the UK’s regulatory system is better served remaining under the control of UK authorities, and not in Brussels, according to reports.
FSA chairman warns against EU interference in regulation
Lord Adair Turner has insisted the UK’s regulatory system is better served remaining under the control of UK authorities, and not in Brussels, according to reports.
London remains "key location" for insurance industry
A new report into the issue of domiciles for property & casualty insurers and reinsurers has found access to markets was overwhelmingly the key criteria.
Elite joins consumer alliance
Legal expenses Elite Insurance has joined the Consumer Justice Alliance as one of seven founding members.
L&G signs corporate governance pledge
Legal & General Investment Management has signed up to the United Nations Principles of Responsible Investment.
L&G signs corporate governance pledge
Legal & General Investment Management has signed up to the United Nations Principles of Responsible Investment.
Sassoon outlines rescue plan for future failures
Commercial Secretary to the Treasury, Lord Sassoon has set out proposals for a new “special” administration regime to strengthen the UK’s ability to deal with future failures of investment firms.
AA calls for government to resist spending cuts on flood defences
AA Insurance is urging the government to resist any temptation to cut spending on flood defences in its autumn comprehensive spending review.
Willis severs Indian links after regulator withdraws licence
Willis is to cut ties with its Indian partner after the local regulator unearthed a series of misdemeanours by the latter.
Government set to give go-ahead to draft law reform bill
The government appears to have given the 'green light' to the draft bill on consumer insurance law reform, according to law commissioner David Hertzell. This could take effect as early as next year, he said, which is "two years ahead of when we would…