Regulation
APRA to implement Basel II
The Australian Prudential Regulation Authority (APRA) has announced that it will implement the Basel...
IFRS impacts markets
Standards
Link in European expansion
Link Insurance has received approval from the FSC to write business in France in its core areas of motor and household in a multi million pound capacity deal.
FSA strikes: Keith Rutter fined £20 000
The Financial Services Authority has shown it plans to follow through its policy of holding directors responsible for their actions and has imposed a statement of public censure on The Underwriter Insurance Company and fined its former CEO Keith John…
JLT: uncertainty ahead
The insurance industry is facing a period of uncertainty against a backdrop of challenges from terrorism to regulation, according to Mike Hammond, the chief executive of JLT Risk Solutions, at the JLT annual industry symposium in London: “The Insurance…
Mondial granted FSA authorisation
Mondial has been granted authorisation by the Financial Services Authority for the provision of non-investment insurance contracts, including motor warranties and roadside assistance.
Norwich Union offers help with heights
Norwich Union Risk Services is hosting a series of seminars for brokers and health and safety managers on the implications of the new Working at Height Regulations, due to come into force early 2005.
AIA announces agenda for upcoming NAIC meeting
The American Insurance Association (AIA) has unveiled its agenda for the upcoming National Association of Insurance Commissioners’ (NAIC) Winter Meeting. Issues of concern to AIA include the NAIC’s draft ‘broker compensation’ model law language and a…
Heath Lambert sets up new unit
Heath Lambert Group has announced the formation of a specialist natural resources group within its global business solutions division.
Aon and NU training schemes win praise
Aon and Norwich Union are set to become the first companies in the insurance sector to be recognised...
FSA capacity for probe questioned
Concerns have been expressed that the Financial Services Authority may not have the capacity to cond...
Parliamentary delay on Fraud Bill may prove costly
The absence of any mention of the Fraud Reform Bill in the Queen's speech this week gave the term "w...
Restructure sees Murress take charge
Loss adjuster Crawford and Company has restructured its UK business bringing its operations and tech...
Bullied resignee entitled to bonus
Cantor Fitzgerald International v Horkulak, (Court of Appeal - 14 October 2004)
Question Time - Commercial concerns
Commercial Broking
Appointment at Affiliated FM
Anna Spink has joined commercial property insurer Affiliated FM as production underwriter. Ms Spink ...
Transparency will reap rewards
Just a few weeks after Eliot Spitzer announced his inquiry, many in the UK are ignoring the impact -...
Biba list will take "a while" to sort through
The British Insurance Brokers' Association revealed it will be "a while" before it knows how many se...
Major loss has a major impact
CILA Roundtable
The lucky country?
Australia
Lloyd's capacity auction suggests Names exodus
London Market News
Norwich Union publishes guide
Broker News in Brief
Technology - Tools of the trade
Commercial Broking
Spitzer Inquiry - Tales from the city
Commercial Broking