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Regulation

Appointment at Alea

Global specialty insurance and reinsurance company Alea Group has appointed Peter Brown as manager o...

Moody’s confirms Converium ratings

Moody's has announced that it has confirmed the insurance financial strength ratings of Converium and Converium Ruckversicherung (Deutschland) at Baa1 with a stable outlook.

Scottish Re announces ING Re deal

Scottish Re Group has announced that it has agreed to acquire the individual life reinsurance business of ING Re. The transaction is expected to close by the end of 2004.

CEA creates Solvency II group

The Comité Européen des Assurances has created a steering group to look at Solvency II, the EU project aiming at a fundamental review of European insurers’ solvency requirements.

CII puts on November course to meet FSA needs

A training course aimed at anyone who will be responsible for the practical application of the FSA’s rules and guidance on Training & Competence from January 2005 has been launched by the Chartered Insurance Institute.

Government confirms sole trader EL exemption

Sole traders will no longer have to buy employers’ liability insurance from next year, following a Department for Work and Pensions consultation on whether to remove the requirement, the government announced today.

FSA's Strachan sets out views on Solvency 2

David Strachan, the Financial Services Authority's sector leader for insurance, speaking today at the European Insurance Summit has outlined his thoughts as to what the EU's plans for insurance reform should look like.

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