Regulation
Dawn of the deadline
Treating customers fairly
No reason to sell out
Before the Financial Services Authority took over from the General Insurance Standards Council, folk...
FSA confirms changes to regulatory returns
The Financial Services Authority (FSA) has confirmed that the Complaints Return and the Retail Mediation Activities Return (RMAR) will be simplified and shortened.
Royal and Sun Alliance receives higher Standard & Poor's rating
Standard & Poor's ratings services said today it raised to 'A' from 'A-' its long-term counterparty credit and insurer financial strength ratings on the main operating entities of Royal & Sun Alliance.
Atradius Re receives reinsurance licence
Dublin headquartered Atradius Re is the first credit and bonding reinsurance company to be granted a licence to offer reinsurance under new EU regulations.
Admiral ups underwriting stake
The Board of Admiral Group today announced that it plans to increase its UK motor premium retention for the 2008 underwriting year to 27.5% from the current 22.5%.
Biba frustrated at FSA indecision
The British Insurance Brokers’ Association has expressed frustration at the result of the Financial Services Authority’s forensic review into transparency in the commercial insurance market.
Airmic still has worries over SME broker disclosure
Association of Insurance and Risk Managers has welcomed the Financial Services Authority statement on broker remuneration and its continued interest in this important subject, whilst calling for a market solution to resolve shortcomings over transparency.
IIB satisfied with FSA decision over commission disclosure
IIB director general, Andrew Paddick was pleased to hear that as a result of the CRA International report, commission disclosure by brokers to commercial clients will not be made mandatory by the regulator - for the time being.
FSA refuses to mandate commission disclosure ... for now
The Financial Services Authority (FSA) has announced a further programme of work to consider possible inefficiencies in the commercial general insurance market before taking a decision on whether to mandate commission disclosure.
FSA remains concerned over commission disclosure
The Financial Services Authority today announced a further programme of work to consider possible inefficiencies in the commercial general insurance market before taking a decision on whether to mandate commission disclosure.
Environment Agency makes flood recommendations
The Environment Agency today published its comprehensive review of this summer’s floods, highlighting issues such as complex responsibilities for flooding from drains and the vulnerability of critical infrastructure.
Allianz: unite and fight
A group of the UK's leading insurers may join forces to launch a combined legal action against water...
GI ARs blasted
A review by the Financial Services Authority has found that firms are not doing enough to ensure tha...
Looking Back
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as these highlights from past-articles reveal
Vital to review FSCS plans
In our response to the HM Treasury discussion paper, Banking Reform Protecting Depositors, the Insti...
Brit seals Norton Re deal
Brit has announced that it has signed contracts for the launch of Norton Re II Insurance, a speciali...
Brokers to meet with FSA on commission disclosure issue
A showdown between brokers and the Financial Services Authority on commission disclosure is to start on Monday, as the regulator releases its latest report on the heated subject.
FSA brings forward interim paper on RDR
The Financial Services Authority (FSA) has announced a change to the timetable for publishing feedback on the Retail Distribution Review (RDR) Discussion Paper.
FSA issues warning over ARs' conduct
A review by the Financial Services Authority (FSA) has found that firms are not doing enough to ensure that their appointed representatives (ARs) are treating customers fairly in the sale of general insurance, mortgage and investment products.
Airmic reveals new chief executive
John Hurrell, currently head of Marsh Risk Consulting (Europe, Middle East and Africa), has been appointed Airmic’s new chief executive.
Full RDR report to be published four months late
The Financial Services Authority (FSA) has revealed that the final retail distribution review (RDR) report will be published four months behind schedule.
General insurance ARs come out worst in FSA review
A review by the Financial Services Authority has found that firms are not doing enough to ensure that their appointed representatives are treating customers fairly in the sale of general insurance, mortgage and investment products.
Brit reloads $100m Norton retro vehicle
Specialist (re)insuer Brit has anounced that it has signed contracts for the launch of Norton Re II Insurance Limited a specialist Bermuda-based reinsurance company with $118.2m of capital.