Regulation
Settlement: 90% success rate
The value of a settlement event should not be underestimated, especially when the client relationshi...
This year's CII graduates
CII Graduates 2004-2005
Quotes
"If I had one wish, it would be for insurers to get together in a non-competitive environment to sha...
DAS suspends senior managers
At least two senior staff members at a major legal expenses insurer have been suspended, Post Magazi...
EC flood directive concerns market
The Association of British Insurers has slammed a proposed European flood directive that it believes...
In like a shot
Arrow Visits
Lawyers will not escape claims firm crackdown
Thousands of claimant lawyers will be targeted in the upcoming Compensation Bill as the government ...
UK government set to outline insurance outsourcing strategy
The UK government will outline its thinking on the implementation of VAT on outsourced insurance services at Post Magazine’s conference – Outsourcing; hard facts for a soft market – on the 26 October in London.
Norwich Union launches online broker regulatory risk tool
Norwich Union has launched a new online tool to help avoid the threat of fines or being barred from doing business under the FSA’s rules regarding broker-insurer trading arrangements.
London Market seeks clarity on finite reinsurance rules
The International Underwriting Association has published guidelines on finite reinsurance for companies in the London Market.
Investigating the competition
Comment: EC Insurance Investigation
Offshoring fears revealed
A survey by Pricewaterhouse Coopers has revealed 21% of organisations currently offshoring pinpoint ...
Solvent schemes have lost favour in 2005
The legal wrangle over British Aviation Insurance Company's solvent scheme has led to others suspend...
Untapped potential
Overseas Focus: India
PPI crackdown promised
The authorities have pledged to crack down on the selling and provision of payment protection insura...
Axa takes compensation fight to party conference
The insurance industry will continue to lobby politicians regarding the forthcoming Compensation Bil...
FSA set to outline claims sector review
Claims Club Annual Conference - 5 October - Le Meridien, Piccadilly, London
Bermuda start up acquires Overseas Partners Re
Catalina Holdings, a newly established Bermuda based company this morning announced that it has signed a binding stock purchase agreement to acquire Overseas Partners Re from Overseas Partners. The acquisition is subject to Bermuda Monetary Authority…
Kennedys opens Madrid office
City law firm Kennedys is opening an office in Madrid on 3 October 2005 by merging with the practice of Araúz de Robles Y Vélez Abogados (ARV), with whom Kennedys has had an association since 2000.
Hurricane losses lead to Rosemont ratings review
A.M. Best has placed the financial strength ratings (FSR) of A- (Excellent) and the issuer credit ratings (ICR) of “a-“ of Goshawk-owned Rosemont Reinsurance under review with negative implications.
S&P upgrades Moscow Re
Moscow Re has received a rating upgrade from Standard & Poor’s (S&P). The agency announced that it has upgraded Moscow Re’s insurer financial strength rating to ‘A+’ on its Russian scale (up two notches), and to ‘B+’ on its international scale, based on…
Russian reinsurer given rating boost
Moscow Re, has received a rare rating upgrade from Standard & Poor’s. Today the agency announced that it has upgraded Moscow Re’s insurer financial strength rating to ‘A+’ on its Russian scale (up two notches), and to ‘B+’ on its international scale,…
New travel product aims to cut red tape for brokers
AIG Europe has joined forces with independent Lloyd’s broker John Holman and Sons to launch a new travel insurance product available to brokers through an extranet system, which it claims reduces administration while ensuring compliance with Financial…
New certificate to help meet FSA D-Day
A new certificate has been launched to help individuals and organisations meet the Financial Service...