Regulation
Weathering the storm
Run-off: credit crunch
A&L fined for mis-selling
The Financial Services Authority has fined Alliance and Leicester £7m for mis-selling payment protec...
Redefining insurance in the public eye
In recent decades, few industries have needed to change as radically as the international insurance ...
KPMG: amateur fraud to rise
Fraud 2008
European parliament agrees Solvency II text
A vote in the European parliament on Tuesday (7 October) is likely to determine the future framework...
The government reveals hand as banking crisis grips UK
The government has issued a statement this morning outlining its plans to stabilise the beleaguered UK banking sector.
CEA responds to Solvency II updates
The CEA, the European insurance and reinsurance federation, has said it welcomes today's vote in the European Parliament on the Solvency II framework directive.
FSA hands out £7m fine for PPI mis-selling
The Financial Services Authority has fined Alliance & Leicester £7m for serious failings in its telephone sales of payment protection insurance.
FSA fines Alliance & Leicester £7 million for PPI failings
The Financial Services Authority (FSA) has fined Alliance & Leicester £7 million for serious failings in its telephone sales of payment protection insurance (PPI).
B&B bailout could sink brokers says IIB
The Bradford and Bingley bailout could threaten brokers’ livelihoods, according to Barbara Bradshaw, chief executive officer of the Institute of Insurance Brokers.
Compensation scheme to cover savers’ claims up to £50,000
The Financial Services Authority (FSA) has today increased the compensation limit for bank deposits from £35,000 up to a total of £50,000 for each customer's claim. This increase applies from Tuesday 7 October 2008.
FM Global makes changes to senior management team
FM Global, the giant US commercial property insurers, has announced numerous changes will be made to its senior management team effective Jan. 1, 2009, as it promotes seasoned management within the company into new roles.
Acumus claims first in travel trade training
Acumus Insurance Solutions has claimed a first in offering the travel trade an online, industry-reco...
Blind spot
Legal Update: Employers' liability
NU: hold onto EL records
Norwich Union has advised employers to keep a record of their employers' liability insurance cover, ...
Torus to buy QBE arm
Energy insurer Torus said that it has entered into a definitive agreement to acquire Praetorian Spec...
White out
Broker acquisitions
PwC: prepare now for Solvency II rehearsal
The latest Financial Services Report on Solvency II urges UK companies to take notice of the Europea...
MDU warns of outdated UK doctors' indemnity practices
The Medical Defence Union has warned that the UK is danger of being one of the last countries in the European Union to persist with an outdated system of indemnifying doctors, which risks leaving patients uncompensated.
Bermudians bite back over proposed US tax legislation
The US and Bermudian reinsurance markets are about to lock horns again, after Democratic Congressman...
Life in America
Life
Follow the BRIC road
BRIC
FSA slams PPI market after mystery shopping excercise
In an update on its thematic review of sale of Payment Protection Insurance the Financial Services Authority has set out that, due to the poor findings from its recent work, it is escalating its regulatory intervention.
AIG's Central, Eastern European units attracting interest - report
AIG's Central and Eastern European units are attracting interest from other insurers thanks to the stricken insurer's balanced presence in the area, a report has shown.