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Regulation

Capita expands health division

The UK’s largest corporate occupational health provider will be created from 1 October when the integration of BMI Health Services with Capita Health Solutions is completed, it was claimed.

Fitch: key challenges in Russian insurance sector

Fitch Ratings says the Russian insurance sector continues to be challenged by low market capitalisation, inability to meet solvency requirements, and variable level of consistency in the statutory financial reporting. The sector also suffers from a lack…

ABI responds to government changes

The Association of British Insurers has welcomed today’s government announcement that it plans to clamp down on uninsured drivers. The ABI said the move could significantly reduce the level of uninsured driving and improve road safety.

BIBA welcomes FSA industry review

The British Insurance Brokers' Association has today welcomed the review of the general insurance regime, as announced by Clive Briault, Managing Director, Retail Markets, FSA, at last week's Chartered Insurance Institute Annual Conference.

Fitch affirms QBE’s ratings after acquisition

Fitch Ratings today affirmed the Long-term rating 'A' rating of QBE Insurance Group. At the same time, the Insurer Financial Strength ratings of QBE's main underwriting subsidiaries were also affirmed at 'A+'. The Outlook for all the ratings is Stable…

ABI calls for delay over VAT for insurers

The Association of British Insurers is urging the tax authorities and Treasury to mitigate the impact of new VAT rules on outsourced insurance services by delaying their implementation and using their discretion not to penalise the customers of insurers.

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