Regulation
Bridgewater House director receives FSA ban
A director of general insurance and mortgage firm Bridgewater House has received a ban from the Financial Services Authority for failing to comply with client money rules.
FSA bans "incompetent" director over client money failure
Matthew Sixsmith was the director of Bridgewater House UK, which dealt mainly in the sub prime mortgage market, but also arranged life and critical illness insurance in connection with those mortgages.
Entries for the British Insurance Awards 2010 now open
The British Insurance Awards 2010 are now officially open for entries. These prestigous awards, for the entire UK general insurance industry, will be presented at the Royal Albert Hall on the evening of the 7 July.
Russia may support new round of sanctions on Iran
UN sanctions, including insurance and reinsurance sanctions, have come one step closer to agreement following Iran’s latest rocket test.
Resume: Cool expertise
Margarita Freifrau von Tautphoeus, Munich Re's head of solvency consulting, on a lifetime in reinsurance, working on Solvency II and keeping a cool head
Roundtable: Solvency II in depth
In this extended roundtable discussion, group editor-in-chief Ant Gould and industry big hitters from the UK and continental Europe consider the progress made by (re)insurance as the once-distant spectre of Solvency II now looms large and close
Capital reserve rethink on industry agenda
The demand of Solvency II for companies to hold greater capital reserves will apply to some, though not all, in the industry, leaving many to consider the new requirements very carefully, writes Henry Keeling
Diabetes & Dangerous driving: Motor functions
With the number of people in the UK being diagnosed with diabetes increasing dramatically, Ian Bridge says insurers should alert their motor customers to be more aware of the legal implications.
Environmental liability update: Small impact?
With the Environmental Liability Directive finally becoming law in the UK last March, Alan Dobson examines whether its effect has been as hard hitting as predicted.
Solvency II: warning over capital requirement
Insurers could face an average solvency capital requirement increase of more than 60% compared to previous expectations as a result of new Solvency II proposals, EMB has warned.
Industry welcomes exception in Equality Bill
The insurance industry has welcomed a decision to allow insurers to continue using age as a risk factor in setting premiums.
Hoban pledges 'dedicated' resource for insurance
The Conservative Party has attempted to allay the insurance industry's fears that it will be tarred with the same brush as banks, if the party comes to power this year and scraps the current regulator, by promising 'dedicated resources' to the sector.
Aviva's new GI boss lambasts UK ambulance-chasing culture
In his first full interview David McMillan tells Post he will take up the issue with the Association of British Insurers.
SFO to take no action against Madoff UK arm
The Serious Fraud Office has completed its investigation into Madoff Securities International, the UK arm of Bernard Madoff's investment scheme, and has found insufficient evidence to take action against the firm.
CEIOPS agrees to co-operate closer with Swiss regulator
Members have also decided the Swiss supervisory regime of reinsurance undertakings equivalent to that applying to EU reinsurers.
CEIOPS agrees to co-operate closer with Swiss regulator
Members have also decided the Swiss supervisory regime of reinsurance undertakings equivalent to that applying to EU reinsurers.
US commercial insurance buyers take issue with Obama's budget blueprint
The Risk and Insurance Management Society, expressed its deep concern with plan to reduce or elminate the federal underpinnings of terrorism insurance.
Obama aims to eliminate terrorism subsidy for insurers
Barack Obama has proposed eliminating insurers' terrorism subsidy in his 2011 Budget.
Osborne outlines UK recovery plan
Shadow Chancellor details the eight benchmarks against which it hopes its success to be judged if it wins the upcoming election.
Osborne outlines UK recovery plan
Shadow Chancellor details the eight benchmarks against which it hopes its success to be judged if it wins the upcoming election.
Environment Agency backs new flood test centre
Simulator aims to recreate the devastating effects of a flood to test products designed to defend homes, businesses and people.
OFT considers Marsh and HSBC deal
The Office of Fair Trading has issued an invitation to interested third parties to comment on Marsh's planned takeover of HSBC Insurance Brokers.