Regulation
Biba Conference - Axa chief pours praise on "outstanding" FSA
The Financial Services Authority's performance is "outstanding" in comparison to its continental pee...
Fitch gloomy on Russian insurance sector
Fitch Ratings has assigned a 'Negative Rating' outlook to the Russian insurance sector, reflecting the expected negative impact of deteriorating insurance market conditions due to the rapid slowdown in Russia's economy and continuing volatility of…
ABI director general Haddrill to step down for new role
The Financial Reporting Council (FRC) has announced that Stephen Haddrill will succeed Paul Boyle as chief executive of the FRC and will be appointed as a member of the FRC Board.
Swiss Re publishes Solvency II tips
Swiss Re has today published a series of recommendations to improve the recognition of risk mitigation techniques in Solvency II framework as a means to better managing capital efficiency.
Insurancewide wins VAT appeal
Aggregator Insurancewide has won a High Court appeal which means it is not required to pay VAT in internet based insurance commissions.
The Hartford given bailout participation permission
The US Treasury has given struggling US giant The Hartford permission to participate in the Treasury's Capital Purchase Program.
Biba 2009 News: FSA head admits it has been regulating on the cheap
The Financial Services Authority should have acted more quickly in the banking crisis and has been guilty of supervising some of the larger firms "on the cheap".
MPs call for FSA regulation of personal injury claims
Five MPs have tabled an early day motion calling for the Financial Services Authority to step in and regulate the way in which personal injury claims are handled.
Biba 2009 News: Marketform unveils new lines of business
Marketform Group, a specilaist non-US medical malpractice and other specialty lines, has announced that it is now underwriting a number of new classes of business.
PPF drags heels in Heath Lambert decision
The Pension Protection Fund has failed to reach a decision on whether to accept Heath Lambert's pens...
FSA swine flu fear
An entire department of the Financial Services Authority has been asked to work from home after a co...
A climate of suspicion
Finance and insurance are said to be the biggest sectors for corporate fraud. The scope of the prob...
Pupil's running accident not reasonably foreseeable
Orchard v Lee (Court of Appeal - 3 April 2009)
Age concerns
Legal Update: Equality Bill
CILA urges members to reveal fees in drive for transparency
The Chartered Institute of Loss Adjusters is urging its members to disclose any payments received fr...
Montpelier Re adds Swiss Re exec to lead new marine business
Bermudian (re)insurer Montpelier Re said that its Lloyd's Syndicate 5151 will begin underwriting marine insurance business in August 2009.
Swine flu scare at the FSA
An entire department of the Financial Services Authority has been asked to work from home after a colleague returned from the US with probable swine flu.
Swine flu scare at the FSA
An entire department of the Financial Services Authority has been asked to work from home after a colleague returned from the US with probable swine flu.
Amlin raids Aon for new risk chief
Amlin has appointed Alex Hindson as head of group risk reporting to group chief risk officer James Illingworth.
Catlin CEO sees more room for rate growth due to capital levels and uncertainty
Catlin this morning reported that gross premiums written increased during the first quarter of 2009 by 2 per cent to US$1.17bn. Using constant exchange rates, gross premiums written rose by 8 per cent, which the insurance group added is in line with the…
Catlin Q1 gross written premiums jump
Catlin, the Lloyd's (re)insurer, said that gross premiums written increased during the first quarter of 2009 by 2% to US$1.17bn.
Insurers should not underestimate work involved for SII implementation
Ernst & Young has warned insurance companies to recognise the urgency of meeting the 31 October 2012 deadline for Solvency II.
Education, education, education
Environmental Liability: Broker awareness
Lloyd's claims head in perfect storm warning
Loss adjusters could face "the perfect storm" as global claims frequency rises, according to the hea...