Regulation
Howden UK announces extension to professional indemnity policy
Howden UK has announced an extension to its professional indemnity policy for British Insurance Brok...
The FSA introduces first phase to simplify handbook
The Financial Services Authority this week introduced the first phase of its programme to simplify i...
Window of opportunity
Overseas Focus: Greece
Regulator warns of
There is widespread non-compliance with rules for the handling of client money in the insurance indu...
We must stop a repeat Indie
It is a sad indictment that more than four years after the demise of Independent Insurance, there ha...
Union name row frustrates Bill progress
Industry figures have expressed dissatisfaction at delays in drafting the Compensation Bill. The De...
New Australian code of practice introduced
A new code of practice has been introduced by the Insurance Council of Australia (ICA) that, according to the ICA, will mean general insurers will meet higher, measurable performance standards for dealing with customers, including settling claims in…
OFT appoints Fingleton from Irish counterpart
Trade and Industry Secretary Alan Johnson today announced the new chief executive of the Office of Fair Trading (OFT). John Fingleton, currently the Chairperson of the Irish Competition Authority, will take up his position in October 2005 for a five year…
VAT on outsourcing: Download paper now
HM Revenue & Customs has just published its consultation document on VAT and outsourcing which could have a major impact on the insurance industry.
Marine club bemoans criminal liability but praises steady ship
Marine mutual the London P&I Club announced that it ended the 2004/5 year of account with free reserves of $100m, and the thirteenth consecutive year of deferred calls within budget.
Thrills not spills
Theme Parks
FSA goes on charm offensive
The Financial Services Authority this week said it is committed to a charm offensive to woo dissatis...
Low financial impact from blasts
The bomb blasts that rocked London last week are unlikely to have a severe financial impact on the i...
MP urges Apil and Foil to unite on Bill
Politicians have called on both sides of the industry's legal divide to join forces to solve the com...
FSA plans to do progress "stocktake"
The insurance industry met the Financial Services Authority last week to outline detailed progress o...
Capita acquires BMI
News in brief
Lord Hunt condemns FSA approach
The Financial Services Authority was accused of damaging the insurance industry's reputation, in a s...
Olympics still low risk
Insurers are not expected to shy away from covering the 2012 Olympics in London, despite last week's...
Regulation key, not tax
In response to a recent article in Post Magazine, (7 July, p56) I'd like to put the current Gibralta...
FSA moves to simplify rule books
The Financial Services Authority today set out the first phase of its programme to simplify its Handbook and remove unnecessary Rules and Guidance from the Approved Persons regime, the Training and Competence regime and its Anti-Money Laundering rules…
Mutual associations publish new code of conduct
The Association of Mutual Insurers and the Association of Friendly Societies have announced the publication of a new code of corporate governance for the mutual insurance sector.
Climate of change at G8 Summit
This week the world's attention will focus on the G8 Summit in Edinburgh. One of the topics on the ...
JLT cracks under local pressure
The issue of broker remuneration has again been thrust into the spotlight, after Jardine Lloyd Thomp...
Cutting the cost
Cost of regulation