Regulation
Tsunami threat to eastern seaboard 'not being sufficiently researched'
Inadequate funding for the accurate monitoring of a crumbling volcano in the Atlantic could lead to ...
Keen to comply
A new report offers a view on what companies are thinking when it comes to operational risk management
Stormy weather ahead?
Marine
Stratum to manage BIIC
Stratum, a Bahrain-based investment advisory firm, has been appointed by the Bahrain Monetary Agency (BMA) to serve as the strategic project manager for the Bahrain International Insurance Center (BIIC).
Aetna's RBC could slide says A.M Best
A.M. Best has assigned a financial strength rating of A- (Excellent) to Aetna Life and Casualty (Bermuda). The rating outlook is stable.
US insurers to pay £3.7bn for Charley damage says ISO
U.S. property casualty insurers are expected to pay homeowners and businesses an estimated $6.8 billion (£3.7bn) for insured property losses from Hurricane Charley, according to preliminary estimates by Insurance Services Office's Property Claim Services…
Scor announces improved results
French reinsurer Scor has announced that its first half 2004 results reflected a steady improvement in the technical quality of the Group’s underwriting.
View from the Top - Telling tales for the benefit of all
Last month's deadline for completed applications to the Financial Services Authority triggered much ...
Appointment at Concordia Consultancy
Concordia Consultancy has made Ian Watt senior consultant within its chartered loss adjusters servic...
Rics admits FSA fears
The Royal Institute of Chartered Surveyors fears many of its 85,000 members will not be regulated by...
Appointment at GE Financial Insurance
GE Financial Insurance has made three appointments. Mike Wilkinson has been appointed chief actuary....
HBOS confident of EU gender failure
Halifax Bank of Scotland has brushed aside fears of a European Union ban on using gender information...
FSA whistle-blowing moves backed
Insurers and brokers have backed industry initiatives encouraging companies to report intermediaries...
Insurers face £1bn in construction fines
More than £1bn of fines could be levied on insurers for failing to comply with rules on National Ins...
Penny Black's insurance week
When it comes to celebrating birthdays, specialist media and arts insurance broker La Playa has come...
Appointment at Winchester White
Specialist financial services management consultancy Winchester White has made Kevin Duffy principal...
RIMS releases compensation statement
The Risk and Insurance Management Society (RIMS) has released a statement by President Nancy Chambers, CRM, regarding industry compensation and placement practices.
New Chairman for IUA Committee
The International Underwriting Association (IUA) has appointed a new Chairman for its Marine Technical Committee.
Groupama in commingling move
Groupama has said that it "is comfortable to follow " the Financial Services Authority's approach to commingling of insurer and client monies.
Converium announces external reserve review date
Following the appointment of a leading firm of consulting actuaries to conduct an external actuarial study of the Company's reserves held in respect of the Zurich and New York businesses Converium has announced that the results will be unveiled on…
Motor federation moves to settle RSA/bodyshop dispute
The Retail Motor Industry Federation (RMI) has offered to set up a meeting between anti labour-only scheme campaigners from the bodyshop sector, and a major insurer.
Warning over Appointed Representatives status
Insurers and brokers should not accept appointed representatives without conducting full due diligence, law firm Reynolds Porter Chamberlain has warned.
The FSA announces introduction of 'hard capital adequacy test'
The Financial Services Authority has announced it will introduce a "hard capital adequacy test" in 2...
Ex-PwC director frustrated by US legislation
Legal Report