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Regulation

European insurance assets top €6 trillion in 2005

CEA, the European insurance and reinsurance federation, has published provisional figures showing that 2005 saw the total investments of the European insurance industry passing the €6,000bn mark for the first time, reaching €6,371bn ($8,091bn).

Warm reception

Ed Balls, MP and Economic Secretary to The Treasury, addressed members of the Post Magazine Business...

Moody’s reviews SCOR ratings for possible upgrade

Moody's Investors Service has announced that it has placed the Baa1 Insurance Financial Strength Ratings of SCOR and its various subsidiaries, as well as SCOR's Baa1 senior and Baa3 subordinated debt ratings on review for possible upgrade.

Regulator slaps NU and HBOS for 'unfair' PPI terms

Three insurers have agreed to drop unfair contract terms from their payment protection insurance policies, after the regulator found they were detrimental to consumers. Norwich Union, St Andrews Insurance and Amtrust have been forced by the Financial…

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