Regulation
Is Alec Finch deal a sign of the times?
Amid all the talk and speculation following Axa's acquisition of Stuart Alexander and Layton Blackha...
Political risk report highlights foreign goods threat
Business Continuity Management Report
EC raises questions over common reinsurance practice
The European reinsurance industry could be acting in a manner which restricts competition, the European Commission said in its long-awaited report out today. The Business Insurance Sector Survey, published by the European Commission Competition…
Compensation scheme gets independent seal of approval
An independent analysis has shown that the Personal Injuries Assessment Board delivers the same level of compensation to accident victims but three times faster and through a delivery system which is four times cheaper than the old litigation route.
The insurance industry’s response to FSA announcement on contract certainty
The Contract Certainty Steering Committee (CCSC) - the insurance industry body responsible for leading the contract certainty initiative - has welcomed the Financial Services Authority's (FSA’s) announcement confirming that the industry has delivered on…
FSA – "Savings Claims" in Insurance advertising can mislead consumers
The Financial Services Authority (FSA) last week warned insurance firms to stop using savings claims which could mislead consumers in their advertising or face regulatory action.
SLE parent hires new UK boss
AUM Group has appointed Andrew Colbran as managing director in the UK.
FSA recognises industry solution to contract certainty
The Financial Services Authority (FSA) has announced that the insurance industry has met the challenge laid down to achieve a solution to contract certainty in the UK.
Partner Re sees 10 per cent decline in renewable premium
Partner Re shifted its focus to catastrophe lines in the January 1 renewals, while simultaneously witnessing a 10% decline in renewable premium, the company said in a statement today.
Broker sets out £33.7m MBO
The independent directors and the executive directors of listed broker Windsor have agreed the terms of a recommended proposal to acquire all the issued and to be issued share capital of firm. The Proposal values each Windsor Share at 52.5p, valuing the…
AIG announces $100m BPO contract with Accenture
Accenture has signed a 10-year, US$100m business processing outsourcing agreement with AIG Europe to provide an IT platform and insurance support services to AIG Entrepreneur, an AIG unit specializing in Property and Casualty insurance for small and…
Aon political risk map warns of nationalism and arbitrary regulation
Risk complexity, nationalism and arbitrary regulation have emerged as significant threats to multinational corporations’ balance sheets, according to the latest global analysis by Aon political risk experts.
Business growth boosts jobs
Employment levels have grown in the general insurance marketplace, reflecting robust business volume...
Odd one out
Premium finance: Regulation
FSA reforms no nearer
Along with many others, I've been following the review of the Financial Services Authority's rules s...
Tiner to stand down
John Tiner, the chief executive officer of the Financial Services Authority intends to step down in ...
FSA flags misleading ads
The Financial Services Authority has threatened regulatory action against insurance firms using pote...
Appointment at CEA
Michaela Koller has been appointed director general at the Brussels-based European insurance and rei...
The Lime Street convert
Interview: Tony Markel
Icelandic regulator bullish over ERIC
An Icelandic-domiciled insurer that writes UK liability business has failed to meet the solvency req...
The practical approach
Pugh v National Assembly for Wales (Employment Appeal Tribunal - 26 September 2006)
London market broker rebrands and hires heavyweight exec
Broker Cameron Richard and Smith today announced the appointment of a new executive chairman, a new company name - CRS Group - and corporate identity.
Tiner to quit FSA
John Tiner, CEO of the Financial Services Authority intends to step down later this year.
FSA gives insurers final warning over adverts
The regulator has warned insurance firms to stop using savings claims which could mislead consumers in their advertising or face regulatory action. The move was predicted by Post Magazine back in November.