Regulation
Fraud
Insurers should lobby government to secure access to the proposed National Identity Register, says J...
Willis chief completes 2005 share trading
Willis Group Holdings has announced that Joe Plumeri, its chairman and ceo, has completed share trading for 2005 under his previously announced personal trading plan in accordance with the Securities Exchange Act.
S&P brands US credit legislation plans
Standard & Poor’s has attacked proposed legislation in the US Congress to open the credit rating industry in the US to greater competition as being ‘unconstitutional’.
FSA's Tiner topped over half a million pounds in salary and benefits in 2004
In his first full year as chairman Callum McCarthy was paid £382 448 (£314 000 salary plus benefits), the Financial Services Authority revealed today as it published its 2004 annual report.
IUA appoints new director of market services
The International Underwriting Association (IUA) has expanded its resources devoted to reforming business processes in the London insurance and reinsurance market through the appointment of a new director of market services.
Heath Lambert opens Malta captives operation
Heath Lambert has announced the launch of a new captives operation in Malta.
Cox: offer update
The Cox acquisition vehicle Fieldstreet today announced that by 9.00 am on 24 June 2005, it had received valid acceptances of 90.44% of the motor insurance specilaist’s shares. The offer will remain open until further notice.
CII graduates on the increase
The number of candidates graduating in the Chartered Insurance Institute's Diploma and Advanced Dipl...
Pub stress case result overturned
Harding v The Pub Estate Company Ltd, (Court of Appeal - 11 May 2005)
Throwing down the gauntlet
Broker Transparency
IUA members in market reform pledge
London Market News
QBE restructures in efficiency drive
QBE this week announced a major restructure to deliver efficiencies and cost savings. However, it st...
FSA responds over BPS issue
I would like to comment on the leader "FSA must respond, not react" in the 2 June issue of Post Maga...
Who will foot the new VAT bill?
The insurance industry has an interesting decision to make during the coming months. With the Europe...
FSA will not budge over greater regulation
Risk managers have been dealt a blow in their hopes to gain further regulation of the insurance buyi...
European Commission launches online consultation
The European Commission has launched a public online consultation on two issues related to motor ins...
Hartford subpoenaed again by Spitzer
Hartford has received an additional subpoena from New York Attorney General Eliot Spitzer's office concerning the Company's broker compensation arrangements in connection with the sale of group annuity products.
SEC subpoenas continue
Philadelphia Consolidated Holding (PCH) has confirmed that it has received a subpoena from the Securities and Exchange Commission (SEC).
QBE restructure sees managers leave
QBE Europe have today announced a shake up of its non Lloyd’s business resulting in a number of senior departures.
IUA looks to boost London reform programme
International Underwriting Association today announced its member companies are submitting market placing slips to a voluntary audit in a bid to boost London’s business process reform programme.
Watson Wyatt in French insurance push
Watson Wyatt and Actuaris, the Paris-based actuarial consulting and insurance and financial software firm, have agreed a strategic alliance to grow their share of the French insurance market.
EC begins new motor insurance consultation
The European Commission has launched a public online consultation on two issues related to motor insurance - public awareness of national compensation bodies and their effectiveness in settling claims, and problems getting insurance coverage for trailers.
Belgian steps up to Ferma role
Marie-Gemma Dequae, president of the Belgian risk management association BELRIM from June 1994 until June 2005, has been named as the next president of the Federation of European Risk Management Associations.She will begin a two year term at the head of…