Regulation
FSA bans Lancashire broker
The Financial Services Authority (FSA) has banned Lancashire broker Neil McKay after finding that he cancelled contracts of insurance without customers’ knowledge or approval and failed to pass premium payments taken from customers on to other…
Glacier appoints Etridge
Liechtenstein headquartered Glacier Insurance has appointed Richard Etridge as chief executive offic...
Appointment at Glacier Insurance
Richard Etridge has been appointed as chief executive officer by Glacier Insurance, which is headqua...
Cancer Cover - Excess baggage
Travel Insurance
Appointment at Willis Re
Willis Re has elected Alice Underwood to the board of directors of the Casualty Actuarial Society fo...
Zurich defends decision to redomicile in Ireland
Zurich says its customers and claimants "will not be adversely impacted" by its decision to redomici...
Lloyd's market to proceed with caution
Lloyd's is likely to continue its conservative investment approach until the markets start to even o...
Consultancy demands FSA clarify solvency stance
Charl Cronje, an insurance partner at consultants Lane Clark and Peacock, has today warned that UK regulator the Financial Services Authority's tough statements about the future of financial services regulation run the risk of causing insurers to delay…
Bahrain's insurance market posts strongest-ever year in 2007
The Central Bank of Bahrain announced today that the Bahrain insurance market posted its strongest-ever annual growth during 2007, with gross premiums surging by 21% over 2006.
US P&C industry statutory surplus set to decline £42bn at end of Q2
Marred by the clash of equity and credit-related losses on their asset portfolios, catastrophe losses resulting from an active hurricane season and an anticipated spike in directors and officers liability (D&O) claims, the US property & casualty industry…
Pru CEO Tucker says it is monitoring AIG situtation closely
The group chief executive of Prudential has admitted that the insurance group is monitoring AIG disposal programme.
Prudential said to be looking at AIG's Asian Business
Prudential, the UK insurer, is reported to be in talks with two strategic investors to take a 20% stake in the company and help the company mount a $15bn (£8.6 bn) bid for AIG's Asian business.
Zurich UK set to redomicile
Zurich UK has become the latest company to make the decision to redomicile in the Republic of Ireland in a move the insurer says will create greater efficiencies throughout the group, Post's sister publication Insurance Age has learnt.
ABI: we will not be complacent but the insurance industry remains strong
The Association of British Insurers has insisted that the UK insurance industry remains stronger than during previous times of market turbulance.
Fitch revises outlook on insurance industry to 'negative' from 'stable'
>US ratings agency Fitch Ratings has revised its outlook on the insurance industry to 'negative' from 'stable'.
Water torture
Property Focus: Flood risk
Rating cycle to turn
There are signs that the insurance rating cycle may finally be at a turning point. That is the view ...
Disclosure row splits Euro and US insurers
European and US insurers are divided in the row over commission disclosure, Post has learnt. A sour...
Appointment at KPMG
Mark Winlow has joined KPMG as partner, with responsibility for driving the expansion of the company...
Leading from the front
Parliamentary Reception 2008
Happy to be boring
Turmoil in the financial services markets is understandably at the front of the insurance industry's...
Catalina makes acquisition
Catalina Holdings (Bermuda), which acquires and manages non-life insurance and reinsurance companies...
Hoban in Bank of England plea
The Bank of England's role should be strengthened to bridge the gap between the Financial Services A...