Regulation
Taking stock
Insurance Investments
Credit hire firms take concerns to parliament
Credit-hire operators took their concerns over the poor payment record of insurance companies to par...
Mutual association supports Myners Review
The Association of Mutual Insurers, formed this week, has issued a positive collective response to the current consultation document emanating from the Myners Review of the Governance of Life Mutuals.
Saga puts IPO plan in motion but refuses to rule out sale
Over fifties insurance specialist Saga today announced plans to seek a full listing on the London Stock Exchange. However, it has still not ruled out a sale.
Brit appoints Hull underwriter
Simon Stonehouse has been appointed Hull underwriter of Brit Insurance underwriting on behalf of both Brit Syndicate 2987 and Brit Insurance with effect from 1 September.
New appointment at Converium
Converium has announced the appointment of Terry Clarke to the position of managing director.
XL Capital appoints new actuarial officer
XL Capital has announced the appointment of Mark W. Callahan as chief actuarial officer of XL's Insurance Operations.
Know your agency: A new monthly column from Post Magazine
Understanding the services and specialisms of recruitment consultancies is important. Director Christopher Dickman gives the low down on IPS Group
FSA reports over 13 000 applicants for authorisation
The FSA today reported that by the end of 3 September it had received 13282 registrations from the general insurance sector application packs and 9191 applications for authorisation.
Claims launch held over rules decision
Revamped personal injury specialist New Claims Direct has delayed its launch to December. Law firm ...
Lobbying for support
Global Report
The FSA has been sold a system pup
The Financial Services Authority's bid to achieve a position alongside Sarbanes-Oxley and Internatio...
Whistle-blowing is a duty
I agree with all Steve Hearn's points about whistle-blowing (view from the top, PM, 26 August, p9). ...
Harbouring a conference
Global Report
Chaucer signs five-year licence agreement
Lloyd's insurer Chaucer has signed a five-year licence agreement to use Claims Outcome Adviser from ...
UK CEOs must act to stop history repeating itself
I was struck by Peter Matson's 'View from the Top' (PM, 29 July, p11). From my own experience during...
BMA issues new regulation report
The Bahrain Monetary Agency (BMA) has issued a consultation paper, setting out proposed rules and guidance on reporting requirements for insurers and enforcement measures.
Belmont and Bishop create largest independent broker in Kent
Belmont Insurance Holdings, parent company of Belmont International brokers, has acquired Bishops, creating what it claims is the largest independent insurance broker in Kent, controlling over £60m worth of premium income.
Scor planning to move forward
Following their consolidation over the last few years Scor have set out two key objectives for their three year ‘Moving Forward’ plan (2004-7). They are looking to provide clients with an “A” level of security over this period and they also want to…
IRM unveils exhibition plans
The Institute of Risk Management has unveiled the first details of its inaugural education exhibitio...
AM Best Co downgrades Converium
AM Best Co has downgraded the financial strength rating of Converium AG (Switzerland) to B++ (Very Good) from A- (Excellent) and the company’s issuer credit rating to “bbb” from “a-”.
Cybersettle ready to pilot in UK
Blind-bidding dispute resolution company Cybersettle is understood to be weeks away from sealing its...
Adjusters to access wordings site
The Chartered Institute of Loss Adjusters is to offer its members access to Xchanging's Market Wordi...
Russian air disaster highlights terror risk
The tragic downing of two Russian aircraft last week has once again highlighted the major risk of te...