Regulation
GE ERC management changes
GE's Employers Reinsurance Corporation (GE ERC) has named Richard F. Smith its chief operating officer and Marc Meiches as its chief investment officer.
Early ADR assessment needed
Halsey v Milton Keynes General NHS Trust and others (Court of Appeal - 11 May 2004)
Reinsurers to cut lines
Risk Report
First sight of claims code
The Claims Club seminar saw the unofficial launch of the Association of British Insurers/Chartered I...
The FSA admits a fault disrupted its website
The Financial Services Authority has admitted that a fault disrupted its website just days before th...
New Ogden tables could lift claims 9%
Insurers may face uplifts in claims costs of as much as 9% when the Ogden Committee clarifies its ac...
What the papers said this week
Daily Mirror The conviction for drink driving of 20-year-old pop star Lee Ryan of boyband Blue back...
Surveyors will ask Treasury for authorisation exemption
The Royal Institute of Chartered Surveyors is to meet with the Treasury early next week in a bid to ...
Zurich considers adjuster panel shake up
Zurich looks set to shake up its loss adjuster panel after confirming a formal tender process will b...
EU Gender Equality Directive discussions set to continue
Discussions about the European Union Gender Equality Directive are set to continue until the end of ...
Penny Black's Insurance Week
Penny just flew back from New York and boy are her arms tired ... It's true in one sense as Penny's ...
FSA declines to intervene on call-centre transparency
Broker Swinton has called on the Financial Services Authority to force insurers and brokers to revea...
View from HIH country: be grateful for the FSA
I am writing from Australia. As you may be aware, our local market went through a major shake-up (al...
Ace appoints Sean Ringsted
Ace has appointed Sean Ringsted as chief actuary for the Ace group of companies. Reporting directly ...
View from the Top - 'Secondaries' will get no second chance
Financial Services Authority regulation of general insurance might not be a subject for drinks-party...
California tells unlicensed NEN to stop trading
California insurance commissioner John Garamendi has issued a 'cease and desist' order to the Nation...
Poll reveals surveyors not adequately consulted over FSA regulation
A poll by law firm Reynolds Porter Chamberlain shows 96% of commercial property agencies believe they have not been properly consulted by the Government and the Financial Services Authority on the proposals for the regulation of general insurance.
Swinton predicts consumer backlash to offshoring moves
Research commissioned by broker Swinton, revealed that an astonishing 67% of those surveyed said that if they knew that an insurance provider's customer service centre was based offshore, they would not buy a policy from them.
Models used for ‘herd mentality’ pricing, says Michaelides
There is a danger of a herd mentality being applied to reinsurance pricing, with everyone relying on the same models and having no independent view of what the price should be ¬– according to Nicholas Michaelides, global director of reinsurance at the…
Ford confirms dealerships will be brokers as contract placed
Ford Credit has appointed Pinnacle Insurance as its 'Proficiency Solutions' insurance training programme for Ford dealer sales personnel, confirming plans to have its dealers regulated to sell general insurance directly with the Financial Services…
Guy Carpenter MD gets Ferguson prize
Global risk and reinsurance specialist Guy Carpenter has announced that managing director Gary G. Venter of the firm’s Instrat unit has been awarded the Casualty Actuarial Society’s Ronald Ferguson Reinsurance Prize.
ABI/CILA claims protocol launched
The Association of British Insurers/Chartered Institute of Loss Adjusters joint claims protocol has finally been launched, having been given its first public airing at last week's Post Magazine Claims Club meeting.
Young star quits Allianz
Mansion House Executive this week appointed former British Insurance Awards young achiever of the ye...
FSA announces registration update
The Financial Services Authority today reported that by the end of 31 May, it had received 17 586 registrations from the mortgage and general insurance sectors to obtain an application pack and 10 515 applications for authorisation.