Regulation
CEA and US join call to open up insurance markets
The insurance industries of Europe (represented by the CEA) and the US (represented by the American ...
'Bring in strategic investors,' Chinese domestic insurers told by regulator
China's insurance regulator has told domestic insurers to bring in more strategic investors in order...
AIG files delayed 10-K
American International Group (AIG) has finally filed its 2004 Annual Report on Form 10-K with the Securities and Exchange Commission, after repeated delays.
BPS closure blamed on client fund handling
The Financial Services Authority has pointed to deficiencies in the client money accounts of broker BPS Insure Limited - after it banned the firm from trading and placed it in administration.
FSA announces broker fees
The FSA today published the final Financial Services Authority fees and the Financial Ombudsman Service levies for 2005/06. In addition, the FSA has announced a review of the funding regime.
Zurich admits misrepresentations to APRA
The Australian Prudential Regulation Authority (APRA) today accepted Enforceable Undertakings from Zurich Australian Insurance Limited (ZAIL) and Zurich Financial Services Australia Limited (ZFSA) arising from two financial reinsurance transactions with…
Arch becomes first new member of the IUA
Arch Insurance Company has become the first new member of the International Underwriting Association...
EU plans to fight US over outdated collateral
The European Union plans to up the ante in its fight against the US to release up to $50bn (£27.3bn)...
Allianz Cornhill launches initiative with Praxis 42
Allianz Cornhill has launched a preferred risk management supplier initiative with Praxis 42, specia...
Looking for a long employee engagement
In today's competitive environment, many companies are discovering that meaningful employee engageme...
Action wanted over PI worries
Angry newspapers and broadcasters will soon find out whether the government is to reform no win, no ...
Terrorism Response - On the alert
Property
Appointment at Reynolds Porter Chamberlain
Reynolds Porter Chamberlain has made Miriam Bartlett a partner. Ms Bartlett will work within the reg...
Turnover problems denied
An offshoring expert has claimed the industry can handle rising staff attrition levels in India, des...
Biba advises over hospitality costs
Brokers will next week receive guidance to help them determine whether to limit the number of corpor...
What the papers said this week
Financial Times John Tiner, chief executive of the Financial Services Authority, has been diagnosed...
MPs table motion regarding uninsured driving
Five MPs have tabled a motion regarding uninsured driving, a day after the state reopening of Parlia...
FSA tipped to act over broker trio
The ongoing investigation into troubled broker Whiteley Insurance Consultants could be just the tip ...
Fast-track EU Reinsurance Directive stalls
The European Parliament has withdrawn the EU Directive that would have created a harmonsied reinsurance market from this week's agenda - following delays in the directive's translation - raising fears it could now miss the Council of Ministers crucial…
Zurich converts Irish operation into big-ticket carrier
Zurich Financial Services Group announcedtoday that Zurich Insurance Ireland Limited (ZIIL), formerly Eagle Star Insurance Company (Ireland) Ltd, will become an EU-wide risk carrier for Global Corporate business with the ability to operate through a…
IUA admits Arch Europe and appoints Markel COO to board
Arch Insurance Company has become the first new member of the International Underwriting Association (IUA) since the market body announced its new business agenda.
Outsourcers get VAT reprieve from Customs
HM Customs & Revenue has confirmed it will consult various insurance industry sectors on the contraversial issue of VAT charges for outsourced services.
Path to success: Actuarial analyst
David Stuart, pricing actuarial analyst in the European commercial division of QBE European Operations, reflects on his career to date - at 23, the company's youngest actuary