Regulation
Fitch affirms Lloyd's rating
Fitch Ratings has affirmed Lloyd's Insurer Financial Strength rating at 'A'.
FSA censorship blasted
Censorship is in force at the Financial Services Authority, after the regulator admitted it no longe...
BIBA concern
The British Insurance Brokers' Association is concerned new proposals from the Financial Services Au...
Appointment at Henderson Insurance Brokers
Henderson Insurance Brokers has strengthened its Leeds and Hull offices with five appointments. Lind...
Introduction - Adjusting in perspective
UK Loss Adjusters 2006
Europe accounts for more than half of QBE's 1st half results
QBE’s European operations has accounted for more than half of the group’s gross earned premium in its first half results.
Biba concerned over FSCS funding proposals
The British Insurance Brokers’ Association is concerned that new proposals from the Financial Services Authority will mean that intermediaries will pick up the tab for the failings of other sectors.
Lloyd’s launches Thunderbird Re Cat bond vehicle
Lloyd’s of London has confirmed that it has set up a special purpose vehicle (SPV) to help its membership issue Catastrophe bonds.
ProAktive joins Brokerbility
Yorkshire-based risk specialist The ProAktive Risk Group Ltd has joined the Brokerbility Group.
IIB kicks up a storm on FSA non-execs' duty
The Institute of Insurance Brokers has accused the regulator of "intercepting letters", on issues from the body and failing to pass them on to non-executive directors.
Firm takes on worldwide focus
Business process outsourcing company Xchanging has acquired an immigration services company in order...
Handle with care
Legal Report
The 100 years law
Legal Report
Buncefield second hearing date named
Legal Report
Commentary - A question of proportionate costs
A mediated settlement was reached in Pask v McNicholas Construction Services (2006) of £682,000 plus...
Football kits competition - Start the season in Style with the CIS
Co-operative Insurance has been involved in an extensive Grassroots Football Programme over the past...
Appointment at Markel International
Markel International has appointed Fiona Ross as pricing actuary, specialty division. Ms Ross will b...
Regulate to steal a march on competition
I challenge anyone to say that regulation isn't good. In our industry it's good for underwriters and...
Contractual structure fails to exclude duty of care in tort
Riyad Bank v Ahli United Bank (Court of Appeal - 13 June 2006)
Claims regulation to boss 120 firms
Only 120 firms are likely to seek regulatory authorisation under the Compensation Act, in marked con...
Quanta credit default looms on 11th August
Troubled Bermudian (re)insurer Quanta Holdings has reported financial results for the second quarter showing falling book value, a net loss of $42.9m and a looming credit default triggered by the company’s downgrading by rating agency, AM Best.
Government launches travel insurance inquiry
The Economic Secretary to the Treasury, Ed Balls, today announced a new inquiry into the sale of travel insurance purchased as part of a package.
Universal re-signs GM contract
Car manufacturer General Motors has re-signed a three year contract (with a two year extension option clause) with Universal Vehicle Services, for its vehicle salvage and contentious vehicle disposal management in the UK.
Law review moves to the next stage
The Law Commission will release the first of its discussion issues papers into insurance contract la...