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Regulation

Appointment at IAIS

Walter Bell, commissioner of the Alabama department of insurance, has been elected vice-chair of The...

FSA – Tackles crime in the Insurance Industry

Under the new system insurance firms and intermediaries are being called on to inform the Financial Services Authority (FSA) when they suspect criminal behaviour, so that the FSA can decide whether to investigate further. This may arise when an insurer…

FSA urges intermediaries to protect client money

The Financial Services Authority (FSA) said today that general insurance intermediaries holding client money have no excuse for failing to protect it adequately after recent work found that those who used its new Client Money Guide showed a marked…

Appointment at IAIS

The International Association of Insurance Supervisors has elected Michel Flamee as exec committee c...

Beazley profits soar

Lloyd's insurer Beazley has reported a profit before tax of £86.8m (2005: £16.1m) for the year ended 31 December 2006.

Amlin produces vintage 06 performance

Amlin has announced record results for 2006 including a market-leading combined ratio of 72%. The insurer's figures reported to the stock exchange this morning, saw gross written premium up 12% to £1,113.8 million (2005: £993.5 million), a 10%…

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