Regulation
PwC approves VAT calculation proposals
A partner at Pricewaterhouse Coopers has welcomed the European Commission's proposals to reform the ...
Scrapheap challenge
Motor Report
NU urges flood caution
Norwich Union has urged homeowners to protect their properties as new research reveals that those in...
Transamerica Reinsurance in Brazilian reinsurance registration
Transamerica Re, a reinsurance subsidiary of Dutch insurance giant Aegon, has said it will be taking steps to be registered as an admitted reinsurer in Brazil.
Lord Hunt calls on FOS to be more transparent
Lord Hunt of Wirral has published his independent report into the Financial Ombudsman Service: "Opening Up, Reaching Out and Aiming High."
Recession is of concern to UK market - S&P
US ratings agency Standard and Poor's claims that despite the strength of results and ratings, the increased risk of recession is a concern for the sector.
POST launches new training arm
Post has launched a new training programme under its new Post Training brand. The first course on offer focuses on professional price management in insurance .
Caribbean Cat fund announces board appointments
The Caribbean Catastrophe Risk Insurance Facility has appointment Isaac Anthony and Dr Warren Smith to its board to represent the interests of CARICOM - the Caribbean Community - and the Caribbean Development Bank respectively.
Swiss Re enters emissions reduction agreement in China
Swiss-based reinsurance giant Swiss Re has entered into an emissions reduction purchase agreement in northern China with Hebei Construction Investment New Energy.
Swiss Re UK CEO presents FSA with regulatory 'wish-list'
Swiss Re’s UK chief executive has presented a regulatory “wish-list” to the Financial Services Authority’s Annual Insurance Sector Conference today.
Claims company diversifies into glazing with new subsidiary
As part of its strategy to diversify into new markets, drainage specialist UKDN has launched UKGN – the UK Glazing Network.
Austen leads MBO of Gallagher Re's Asia arm
Richard Austen, the former chief executive of Arthur J. Gallagher’s Asian reinsurance broking arm, has led his group to a managing buyout of the unit.
Aviva swoops for private medical insurer
Norwich Union's parent Aviva today announces that its insurance business in Ireland, Hibernian, has agreed to acquire 70% of Irish health insurance business VIVAS Group.
XL Insurance names Horovitz as CUO of professional lines business
XL Insurance, the global insurance operation of Bermudian (re)insurer XL Capital named Bernard Horovitz to be Chief Underwriting Officer of its Global Professional lines of business.
Fortis revamps commercial book
Fortis has announced enhancements to its commercial guard portfolio of 10 products that sees an increase in cover levels across the entire range.
IRM: risk qualification will improve fundamental skills
A new risk management qualification has been launched by the Institute of Risk Management. The cert...
Confusion as regulator denies Willis claim
Willis has been rebuked by the Saudi Arabian financial authorities for prematurely claiming it had b...
Home Office bows to vehicle removal pressure
The Home Office has backed down from its original proposals for massive hikes in vehicle removal fee...
Top five web stories
The top five most read stories on postonline.co.uk in the last week were: 1. Capita swoops for brok...
Chubb launches $200m three-year cat bond
Chubb has launched a $200m three-year catastrophe bond in an effort to protect it from natural disaster losses in North America, according to a release from US ratings agency S&P.
XL adds to London environmental presence
XL Insurance has continued the expansion of its environmental insurance team with the hiring of Philip Hogg as environmental underwriter in London.
Infrassure obtains off-shore E&S licenses in 19 states; added to NAIC list
Infrassure, the specialist engineering and infrastructure (re)insurer, said it has obtained off-shore Excess & Surplus licenses in 19 US states.
Corporate manslaughter convictions could soar, according to Aon
Convictions for corporate manslaughter could soar under new legislation which comes into effect on 6 April, according to risk adviser and broker Aon.
New Japanese regulations to have trickle-down effects
Marsh has warned UK subsidiaries and affiliates of Japanese firms of the risks associated with new Japanese legislation relating to internal controls and financial reporting, which have come into effect today.