Regulation
Ascot to open Singapore office
Lloyd’s (re)insurer Ascot Underwriting has announced plans to open an underwriting operation in Singapore.
Novae syndicates' financial strength rating upgraded
Moody's Investors Service has changed the outlook of the A3 Insurance Financial Strength Ratings of Lloyd's syndicates 1007 and 2147 - Novae Syndicates Limited -- to positive. The company said this was due to the improving overall aggregate financial…
MP warns FSA on advertising rules
Treasury Committee chairman John McFall MP has written to the Financial Services Authority to express concern about the FSA’s regulation of financial advertising.
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Fast-track mentoring scheme gives care workers key skills
Medico-legal provider Jacqueline Webb and Co has launched a fast-track mentoring scheme to provide o...
An inconvenient truth
Risk Report
FSA bans rogue broker
Herefordshire broker Powell Price and Company has been stripped of its permission to trade in genera...
FSA cracks down on rogue broker trading
A trio of broking directors was this week banned by the Financial Services Authority. Christopher W...
Why it's good to talk about insurance
Working in public relations, marketing and communications is often held up as a glamorous profession...
Risk control key to underinsurance
Risk Report
GAB Robins looks up after revenue and profit dip
GAB Robins is confident its lean years are a thing of the past and that it can achieve double-digit ...
Winds of change
Risk Report
PIAB counters bad Irish press
The Personal Injuries Assessment Board has fiercely countered claims that thousands are abandoning t...
The real issue in food scares
Risk Report
Report highlights young driver danger in UK
The insurance industry this week gave its backing to a new report highlighting the dangers to young ...
Act change proposed
Economic secretary to the Treasury Ed Balls has proposed amendments to the Financial Services and Ma...
FSA should act now, not wait on OFT
If the payment protection insurance (PPI) market has not at last woken up to itself then the alarm b...
Takeaways win EL policy fraud case
A total of 1700 fish and chip shops and takeaway businesses will receive compensation, after the Hig...
ABI calls for £8bn boost
Without improvements to existing flood defences, the cost of a major coastal flood could soar by 400...
FSA encourages the use of industry guidance
The Financial Services Authority (FSA) last week set out plans to encourage greater use of Industry Guidance as it moves towards a more principles-based approach to regulation.
FSA - Radical proposals for move to a more principles based regulation
The Financial Services Authority (FSA) last week published its proposals for a radical simplification of the rules that firms must follow in carrying out investment business with customers.
Mondial and easyJet sign three-year deal
EasyJet has renewed its contract with travel insurance services provider Mondial Assistance, to provide online travel insurance to its customers.
Converium continues stabilisation in 3Q, confident of upgrade
Swiss reinsurer Converium has reported net income of $54.3m for the third quarter of 2006 on net premiums written which decreased by 5.1% to $410.5m compared with the same period of 2005
Powell Price & Co banned from trading
Herefordshire broker Powell Price & Company has been stripped of its permission to trade in general insurance because the Financial Services Authority believes it may not have been passing premiums onto underwriters.