Regulation
Myners scraps Class Action plan in rush to get Financial Services Bill through
The Government has dropped its controversial plans in the Financial Services Bill to allow class actions against financial institutions.
GI industry braces for battle with Ceiops
The Committee of European Insurance and Occupational Supervisors has been urged to lower its solvency capital requirement standard formula following the opening of the pre-application process for internal models.
RSA and Catlin confirm FSA solvency II support roles
RSA and Catlin have been named as two of the insurers which worked with the Financial Services Authority on a Solvency II pilot scheme to design the internal models and work out how they will be approved by the regulator.
RSA and Catlin confirm FSA solvency II support roles
RSA and Catlin have been named as two of the insurers which worked with the Financial Services Authority on a Solvency II pilot scheme to design the internal models and work out how they will be approved by the regulator.
Election set for 6 May
Prime Minister Gordon Brown is preparing to announce that the UK general election will be held - as widely predicted - on 6 May.
Election set for 6 May
Prime Minister Gordon Brown is preparing to announce that the UK general election will be held - as widely predicted - on 6 May.
Sean Quinn boss discusses insurance arm's future with Government agency
The CEO of Enterprise Ireland, Frank Ryan, has said the agency met Seán Quinn and the Quinn Group management team to discuss teh future of Quinn Insurance.
Someone to watch over me
If the FSA's plans to create a consumer protection committee go ahead the insurance industry may find itself under intense scrutiny, writes Daniel Dunkley.
Letter: Irish should be backing Quinn Group
If every cloud must have a silver lining then one of the very few benefits from the recession has been the renewed focus on the importance of relationships in business. In our own industry, much has been said recently about the need for brokers and…
GI industry braces for battle with Ceiops
The Committee of European Insurance and Occupational Supervisors has been urged to lower its solvency capital requirement standard formula following the opening of the pre-application process for internal models.
Editor's comment: Can the gap be filled?
A week on and the dust has yet to settle around the future of Quinn Insurance, both in the UK and Ireland.
FSA needs transparency
The Financial Services Authority should be more transparent about how fines on firms are set, law firm Reynolds Porter Chamberlain has said.
Drivers may pay the price
Niche areas within motor insurance such as cover designed specifically for young drivers could see rate increases of up to 20% after Quinn Insurance was ordered to cease underwriting in the UK, according to motor brokers.
Brokers offer welcome mat
Quinn Insurance's fall into the hands of administrators was "a disaster waiting to happen", according to broker bosses.
Zurich revisits action plan as Quinn faces 12 April D-day
Zurich has outlined its appetite to renew business currently held by Quinn Insurance's UK arm, by offering brokers and customers a 90-day hold covered facility.
Sean Quinn boss discusses insurance arm's future with Government agency
The CEO of Enterprise Ireland, Frank Ryan, has said the agency met Seán Quinn and the Quinn Group management team to discuss the future of Quinn Insurance.
The Post Europe Interview: Maurizio Castelli
Maurizio Castelli, Managing Director for Italy at XL Insurance answers Post Europe's questions.
Government publishes Finance Bill
The government has published its 2010 Finance Bill. In a statement, the government said that the Bill will enact many of the measures that the Chancellor set out in his Budget statement.
Interview: Maurizio Castelli
Maurizio Castelli, managing director for Italy at XL Insurance answers Insurance Insight's questions.
Serious Fraud Office conviction rate up 74%
The Serious Fraud Office has significantly increased its conviction rate in cases brought before the courts in the past year, according to figures it is releasing in advance of its annual report.
ABI and MIB to create Employers' Liability Tracing Office
ELTO to be headed up be RSA UK CEO Adrian Brown.
FSA "smashes" fine record by 21% claims law firm
The FSA "smashed" last year’s record fines by 21% this year (to March 31) as it handed down £33.1m in fines, City law firm Reynolds Porter Chamberlain LLP said today.
CII in Korean tie up
The Chartered Insurance Institute has entered into a partnership with the Korean Insurance Institute to extend professionalism within the Korean insurance industry.