Regulation
Airmic concerned over broker conflicts of interest
The Association of Risk Managers has raised concerns about it not being possible for an intermediary to act as both an agent of the insurer and of the insured at different times during a transaction without risking significant potential conflicts of…
FSA decides against enforcing mandatory commission disclosure
The Financial Services Authority's has formally confirmed 'industry guidance' status on the market solution in respect of conflicts of interest, disclosure and transparency in the commercial insurance sector for intermediaries.
FSA rules against mandatory commission disclosure for now
The Financial Services Authority's has formally confirmed 'industry guidance' status on the market solution in respect of conflicts of interest, disclosure and transparency in the commercial insurance sector for intermediaries. The British Insurance…
FSA sees improvement in KFD standards
The Financial Services Authority (FSA) has announced the outcome of its review of the quality of Key Features Documents (KFDs).
Government quizzed over future role of FSA
The Government was yesterday questioned about the future role they envisage for the Financial Services Authority in light of the problems experienced by the Dunfermline Building Society and Lord Turner's report.
FSA proposes ban on social networking sites
The Financial Services Authority has called for a ban of social networking sites such as Twitter and Facebook for all its regulated and authorised firms.
Opinion - Predicting a busy future
What will happen in 2009 in the run-off sector? Mairi Mallon asked Maik Wandres, chief executive of Global Re UK, to look into his crystal ball to see what the year could hold for his sector during current uncertain times
Legal - Injury time
Colin Peck and Elaine Chapman look at the latest developments related to UK catastrophic injury claims that will impact the reinsurance sector
European run-off report - The lie of the land
Dan Schwarzmann and Andrew Ward of PricewaterhouseCoopers explain how the views of the market gathered for its Third Survey of Discontinued Insurance Business in Europe support their opinion that times might be tough, but opportunities abound.
European run-off report - The lie of the land
Dan Schwarzmann and Andrew Ward of PricewaterhouseCoopers explain how the views of the market gathered for its Third Survey of Discontinued Insurance Business in Europe support their opinion that times might be tough, but opportunities abound.
ABI frets over G20 summit
The Association of British Insurers (ABI) has warned that the future of London as a financial centre could be decided by this week's G20 Summit.
China insurance sector had 'good start' to 2009
(BESTWIRE) - The China Insurance Regulatory Commission said it believes the country's insurance sector has a secure solvency level and achieved healthy development in the first two months of this year, despite the effects of the global financial crisis.
ABI warns on G20
The future of London as a financial centre could be decided by this week's G20 Summit. The Association of British Insurers is warning that the host city has the most to lose if any overly onerous regulatory framework is agreed on Thursday.
LFC Insurance refinances
Essex based commercial insurance broker LFC Insurance Group has recently refinanced with Macquarie Bank enabling it to move forward with its acquisition drive.
Catlin UK joins IUA
Catlin UK has voted to join the International Underwriting Association.
BLM re-elects senior partner
The partners at Berrymans Lace Mawer have re-elected Terry Renouf as their national senior partner for a second term until 31 March 2012.
New guides from Unum
Unum has published two new guides to help intermediaries advise clients on their Group Risk benefits during the recession.
Lloyd’s praises political agreement in Solvency II Directive
Lloyd's has responded to the Level 1 Framework Directive for implementation of Solvency II by the European Commission.
FSA issues customer warning about Manchester-based broker
The Financial Services Authority has issued a consumer warning about Bridgewater House UK.
Solvency II decision abandons group support regime
Law firm, CMS Cameron McKenna has expressed disappointment with the recent consensus on the Solvency II Directive.
Guardian Holdings names interim boss
Peter Austin is stepping down from his position as chief executive of Guardian Holdings Insurance Services on 31 March.
Advent Syndicate agrees quota share arrangement
Following the major fluctuation in US Dollar exchange rate, Advent has completed its review of the 2009 plans of Syndicate 780 and has received approval from Lloyd's for the revised arrangements.
PricewaterhouseCoopers welcomes Solvency ll compromise
PricewaterhouseCoopers welcomes the compromise reached on the Level 1 Framework Directive for implementation of Solvency II by the European Commission and believes this makes approval more certain before the summer.
ABI responds to Solvency II Directive
The Association of British Insurers (ABI) has issued a statement in response to the he Solvency II Directive, which has set a new framework of regulatory requirements for insurers across Europe and has been agreed in Brussels. The directive will adopt…