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Regulation

Chinese insurers report record premium growth in January

(BESTWIRE) - The China Insurance Regulatory Commission reported that, by the end of January, the country's insurance sector recorded year-on-year total original premium income of 114.76bn yuan ($16.77bn), up 8.62% from 105.65bn yuan in January 2007.

AIG says in talks with US Government

(BESTWIRE) - American International Group is discussing with federal officials "new alternatives" for shoring up the insurer's finances under its existing $150bn rescue plan, a company spokeswoman said.

FSA insists on end to PPI sales with loans

The Financial Services Authority (FSA) has written to all firms still selling single premium payment protection insurance (PPI) with unsecured personal loans asking them to withdraw the product as soon as possible, and by no later than 29 May.

Broker legacy issues initiative launched

ARC, the UK trade body for legacy management professionals, has announced it is launching an initaitve to explore the question of broker legacy issues in order to better identify the current concerns of the legacy sector and where potential solutions, if…

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