Regulation
FSA launches regional roadshows for brokers
The Financial Services Authority is offering financial advisers, mortgage intermediaries and general insurance brokers in Birmingham and Liverpool free roadshows from 19 to 21 June.
Prosecution evidence: Reinsurance contracts
There are several reinsurance contracts arranged in February and March 2001 that feature in the case for the prosecution.
Contracts "too good to be true"
In the final session of the day, the prosecution alleged that Independent’s actuaries Watson Wyatt and its auditors KPMG felt that the three reinsurance contracts that were disclosed at the beginning of March 2001 were “too good to be true”. Consequently…
Munich Re signs UN climate change declaration
Munich Re is a signatory to the joint declaration on climate change issued by the Geneva-based United Nations Environment Programme Finance Initiative (UNEP FI).
Clifford Chance launches part two of the MiFID Survival Guide
Clifford Chance has launched the second part of the MiFID Survival Guide, which is designed to help firms come into compliance with the new requirements introduced by the Markets in Financial Instruments Directive (MiFID).
Deloitte promotes four to partner
Deloitte has announced a number of senior appointments to its specialist UK insurance team.
Invasion of the number-crunchers!
Inside view
Partner Re buys non-French renewal rights of MCR
Partner Re has signed a definitive agreement with the French Monceau Group, effective 1 July 2007, t...
$600m new Pentelia reinsurance venture launched in Bermuda
Bermudian (re)insurance group White Mountains has joined forces with French investment bank NATIXIS ...
SCOR wins Converium with sweetened offer
The board of directors of Converium has unanimously accepted a revised offer from rival insurer SCOR...
A bit of a Bind(er)
Sector profile: Binder business
FSA raises regulatory fees
The Financial Services Authority (FSA) has announced the final FSA fees and Financial Ombudsman Service levies for regulated firms for 2007/08.
FSA introduce new investment business rules
The Financial Services Authority (FSA) has published a Policy Statement which, it believes, will lead to a radical simplification of the rules firms need to follow in carrying out investment business with their customers.
FSA raises regulatory fees
The Financial Services Authority published the final FSA fees and Financial Ombudsman Service levies for regulated firms for 2007/08.
Insurance buyers troubled by broker u-turn on fees
The Risk and Insurance Management Society Risk has called on members to evaluate the level of transparency and full disclosure in their broker relationships, vocalize their concerns and hold their providers accountable. It follows findings that some…
Growing fraud concern
The president of Europe's largest insurance industry association spoke of his concern about growing ...
Competing on claims
Risk Report
Appointment at Kiln
Kiln has appointed Olivier Terlinden chief executive officer of its Belgian-based subsidiary, Belmar...
Predicting the day after tomorrow
Risk Report
Ammendment no show may see insurers pay
Insurers may still be required to help finance a fund to compensate victims of terrorism overseas, a...
AIG CEO tells UK to avoid "unhappy end"
BIBA Conference News
Unwanted business
Solvent schemes
Appointment at Watson Wyatt
Watson Wyatt has appointed Sanjiv Chandaria as leader of its Insurance and Financial Services non-li...
Galbraith pans FSA on commission disclosure
BIBA Conference News