Regulation
Heritage underwriting director joins from Lloyd's Japan
Heritage Underwriting Agency has appointed James Sardeson as Underwriting Director. Mr Sardeson will join the group's board and he will also become a member of the group executive.
How to lift the façade of underwriting results
Eamonn McMurrough explains how to spot the difference between puff and hard numbers when looking at reinsurance company results
Converium third quarter still stable; upgrade expected
Swiss reinsurer Converium has reported a net income of $54.3m for the third quarter of 2006 on net p...
Learn from your basic mistakes
Tony Boobier of Marshall & Swift/Boeckh (MSB) explains how some of the simplest problems can strike at the heart of our industry if they are allowed to accumulate unchecked
Sheer alpine awesomeness
Switzerland
Insurers must improve risk management frameworks: FSA
The insurance industry’s management of risk has progressed substantially over recent years, but firms still need to further improve the effectiveness of their risk management frameworks.
Wholesale practitioners generally content with FSA performance but retail firms see little sign of improvement
Financial services firms' satisfaction with the work of the Financial Services Authority (FSA) has shown little sign of overall improvement over the past two years, according to the fourth biennial survey of the regulator's performance by the Financial…
Back to basics
Solvency II: Lessons learnt
Rehabilitation disputes pilot to go ahead
A new scheme for resolving rehabilitation disputes is set to be piloted by the Bodily Injury Claims ...
Lawyers to protest at Lord Chancellor's powers
A group of lawyers angry at the proposed regulatory powers of the Lord Chancellor was due to meet at...
Facing the music
Solvency II
Life in the shadows
Strategic Focus: Premium finance, regulation
FSA: delays likely over scheme levy changes
Changes to the way the UK general insurance market pays for company defaults are to be delayed until...
Too much cash in reserve?
News analysis: motor insurance
Classroom manifesto a first step for schools
Defendant lawyers have said the government's £2.7m Learn Outside the Classroom manifesto is a first ...
FSA rules too complex
The Financial Services Authority has been ordered to simplify its rules in relation to the European ...
Treasury sets out competitiveness agenda
The Economic Secretary, Ed Balls, today set out the next steps in the Government's wider dialogue on how best to ensure the continued global success and competitiveness of the UK based financial sector - a dialogue which began with the Chancellor's High…
Marsh expands service team in Leeds
Marsh has expanded its local client servicing team in Leeds in order to boost business growth in Northern England.
IAIS gives reinsurance sector clean bill of health
Global regulators’ club, the International Association of Insurance Supervisors (IAIS) has given the global reinsurance industry a clean bill of health despite a tough year in 2005.
Sidley Austin expands London insurance operation
Sidley Austin has announced as part of the expansion of its London Insurance Practice, Dorothy Cory-Wright will join the London office to establish and head an insurance contentious litigation practice.
FSA sets out costs and benefits of MIFID
The Financial Services Authority (FSA) today published a paper setting out its assessment of the overall costs and benefits for the financial services industry of implementing the Markets in Financial Instruments Directive (MiFID) in the UK.
Treasury requests evidence in travel insurance review
Today, the Economic Secretary to the Treasury, Ed Balls, launched the Travel Insurance Review public call for evidence and highlighted the need for travel insurers to be clear and transparent about consumers’ cover in the event of a terrorist incident.
General insurers use Watson Wyatt's investing nous
Watson Wyatt’s growing investment consulting business has been strengthened through the addition of six new business mandates to provide various investment consulting services to the non-life insurance sector and include Beazley, Brit Insurance,…
FSA publishes anti-money laundering self assessment tool to help small firms
The Financial Services Authority (FSA) has published an anti-money laundering self assessment tool to prompt small firms to focus on and satisfy themselves that they are addressing their legal and regulatory obligations to combat financial crime. This…