Regulation
Offshore regulators promise greater co-operation
The Jersey Financial Services Commission and the British Virgin Islands Financial Services Commission have signed a memorandum of understanding that will further co-operation between the two regulatory bodies.
London broker calls in administrator
Mike Walker and John Wardrop of KPMG Restructuring’s Insurance Solutions practice have been appointed Joint Administrators of London market broker Park London.
Zurich puts June flood loss at £200m
Zurich Financial Services announced today that based on its current best estimate it expects aggregate claims payments related to storms and floods that occurred in the UK during June 2007 will not exceed $400million before tax. This estimate is net of…
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
NU to review drain impact
Norwich Union will update its flood maps for the first time in two years as a reaction to the unique...
Raising the bar
Solicitors' Code of Conduct
Tawa AIM float raises £20m
Non-life run-off specialist Tawa has floated its shares on the Alternative Investment Market, raisin...
Big is not always the best
We suggest that the conclusion reached by Plimsoll's latest commentary on the UK broker community ('...
FSA streamlines reporting
The Financial Services Authority is proposing plans to make it easier for firms to complete both the...
Green buildings place pressure on insurers
Political pressure to construct greener buildings could have a serious impact on the insurance indus...
A fleeting glimpse
Corporate Manslaughter: motor fleet
Aon ponders insurance company sale as revenues rise 6%
Revenues at Aon's UK Risk Consulting business increased 14% for the second quarter of 2007, to $218m (£107m) with organic growth of 6% excluding contingent commissions. The broking group has also announced it could sell its underwriting division,…
Markel opens Singapore office
Markel International has announced its plans to open for business in Singapore, its first move into Asia.
Esure appeals mouse on wheels court decision
The two-year patent fight between Esure and Direct Line is set to continue as Esure appealed a recent High Court decision, Post learnt.
Aon report shows low levels of captive ownership
Aon's latest attempt to drum up interest in alternative risk transfer has seen the global broker cla...
Product recall - Cheap - but at a price?
Cheap exports from emerging economies appear an attractive proposition for all, but what are the dangers of low-cost country sourcing? Mark Hutton looks at the hidden price tag from a (re)insurance point of view
An appetite with bite
Country profile: Spain
Amlin opens up shop in Singapore
International specialist (re)insurer Amlin is to open an office in Singapore after it was granted ap...
London market insured McLaren F1 prize
Formula One (F1) racing driver rookie Lewis Hamilton's success has had London's contingency market b...
Gagging order issued amid Bermudian corruption probe
The highest court for Bermudian judicial matters, the Privy Council in London, has imposed a reporti...
Accountants welcome Solvency II directive
Accountancy firms have welcomed the publication of a draft directive by the European Commission outl...
Bahrain proposes rule overhaul for overseas insurers
The Central Bank of Bahrain (CBB) is proposing amendments to capital requirements for branches of fo...
FSA hopes to ease complaints procedures
The Financial Services Authority is proposing to make it easier for firms to complete both the Complaints Return and the Retail Mediation Activities Return (RMAR) by simplifying and shortening them.