Regulation
Hector Sants succeeds Tiner as FSA boss
Hector Sants has been appointed chief executive of the Financial Services Authority. He will take up the post on 20 July 2007, succeeding John Tiner who steps down at the Annual Public Meeting on 19 July.
QBE increases European presence
QBE has increased its European market share with the acquisition of two Swiss motor insurers.
FSA to consider amendments to rules
The Treasury has today announced changes to the Financial Services and Markets Act, which will reduce the current burden on firms in the financial sector and the Financial Services Authority (FSA).
Max Taylor to join FSCS board
The Financial Services Authority has appointed Max Taylor as a non-executive director of the Financial Services Compensation Scheme effective from 1 September 2007.
Financial Services Compensation Scheme Board Appointment
The Financial Services Authority (FSA) has appointed Max Taylor as a non-executive Director of the Financial Services Compensation Scheme (FSCS) effective from 1 September 2007.
Firms agree to change PPI internet sales style
Major finance firms have agreed to change the way they sell payment protection insurance (PPI) over the internet, following action by the Financial Services Authority (FSA).
Bryanston creditors get 12% increase says PwC
The scheme administrator of run-off insurer Bryanston Insurance Company Paul Evans, has raised the payment percentage a further 12% to 59%. This further raise sees creditors benefit from a substantial increase on the initial 10% of established…
FSA bans automatic PPI sales over web
Major finance firms have agreed to change the way they sell payment protection insurance over the internet, following action by the Financial Services Authority.
Appointment at Financial Services Authority
The Financial Services Authority has appointed Sheila Nicoll, currently deputy chief executive of th...
Solvent scheme
PricewaterhouseCoopers has announced that a solvent scheme of arrangement for Great Lakes Reinsuranc...
The Risk Management Award: Aon Global Risk Consulting
British Insurance Awards 2007
Heritage in £8m motor bid
Offshore underwriting and captive management firm Heritage has revealed plans for an £8m UK motor an...
Set in stone
Heritage
Industry settles on £1.5bn for flood losses
The Chartered Institute of Loss Adjusters has detailed its methodology behind the latest cost estima...
FSA slammed over small firm neglect
The body charged with representing the interests of smaller firms to the Financial Services Authorit...
International Initiative of the Year: Sunderland Marine
British Insurance Awards 2007
Esure considers appeal after mouse set back
Esure is considering a further appeal after the High Court found in favour of its rival Direct Line ...
Rock tax pushes Gib growth
The success of corporate tax cuts in Gibraltar will depend on whether the regulator continues to tax...
Appointment at HSBC
HSBC has appointed Christen Schnor as head of insurance with responsibilities for the UK, Turkey, th...
Britain's graduate insurers have got talent
Among the many battles we face in our industry, one of the worst must be attracting and retaining ta...
Industry welcomes directive
Insurers have welcomed the publication of the new Solvency II draft directive this week, saying it w...
Handcuff use questioned
The use of handcuffs as a restraining tool by untrained security staff has passed under insurers' ra...
Warm welcome for Solvency II directive
Accountancy firms have welcomed the publication of a draft directive by the European Commission outlining the future of insurance regulation in Europe.
Actuarial Profession highlights uncertainty in future mortality projection
The Actuarial Profession has published a draft 'library' of mortality projections , designed to improve access to information on mortality and enable a consistent approach in projection disclosures.