Regulation
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
ABI brands report a success
The Association of British Insurers has branded last week's report on climate change a success after...
Gibraltar steps up EC tax fight
Gibraltar's chief minister, Peter Caruana, has slammed the European Union for undermining the territ...
Middle of the road
Motor Report
FSA warns brokers of next crackdown
The Financial Services Authority this week warned the intermediary market of its next regulatory cra...
FSA publishes key paper on TCF
In a paper entitled Treating Customers Fairly – Building on Progress published today, the Financial Services Authority has set out the issues that firms should consider when assessing whether they have embedded the fair treatment of customers throughout…
War of words builds ahead of Goshawk AGM
The war of words between Goshawk and major shareholder Phoenix Asset Management Partners has stepped up ahead of the reinsurers AGM on Monday.
SCOR appoints Peignet to head P&C arm
Denis Kessler, chairman and chief executive of SCOR, has appointed Victor Peignet as head of all SCOR’s Property & Casualty business with the approval of the Group Nomination Committee.
JLT refuses to back down on MSAs
Jardine Lloyd Thompson (JLT) has commented on the recent statement by AIRMIC on broker remuneration calling for disclosure of brokers’ earnings across the UK insurance industry.
Pension problems prompt regulator to issue new code
The Pensions Regulator has issued its code of practice on Notifiable Events - following situations including the application by broker Heath Lambert to hand over its crippled pension fund.
M&As could mean more redundancies
The potential threat of further redundancies in the financial services sector, as a result of merger...
Cox acquisition leaps final hurdle
Neil Utley's three-year quest to buy Cox Insurance jumped the final hurdle this week when compulsory...
Westminster group vows to direct Claims Bill
Action to curb the rising cost of compensation is top of the agenda for the All Party Parliamentary ...
A&E ad ban needs debate
The money earned by hospitals that advertise the services of claims farmers can net hospital trusts ...
CILA head: adjusters do not face ruin over VAT
I would like to comment on a number of matters arising from the article, 'Adjusters face ruin over l...
Reform Group delivers plan early to FSA
The Market Reform Group will thrash out its draft model plan for contract certainty today at its lat...