Regulation
Accounting for the IASB's proposals.
Consultation on cross-border accounting practices may have only just begun, but Nigel Masters and Gordon Ireland urge insurers to push ahead with implementation.
View from the Top.
Not surprisingly, consolidation is a hot topic in the UK insurance industry. I imagine there were...
Draft standard for insurance contracts given airing.
The International Accounting Standards Board released a draft of a new standard for insurance contra...
ABI moves to stop intrusive questions
Inappropriate, intrusive questioning for term insurance applicants perceived to be at higher risk o...
What the papers said this week.
FINANCIAL TIMES The FSA is set to make the first use of new powers to ask police to arrest suspec...
Eureko sees income slide.
Pan-European insurer Eureko made a net loss of £27.2m in the first half of 2003, compared with a £17...
Brandt becomes GE Frankona Re chief executive
Kenneth Brandt has taken over as chief executive of GE Frankona Re. He replaces Karl Mayr, who has le...
Lloyd's set to lead Yemeni ship cover.
Lloyd's has agreed to lead cover that will provide up to £95m of coverage for hull and machinery los...
Standard Life CD-Rom to increase sales.
Standard Life Healthcare is seeking to substantially increase the proportion of its 5000-strong inte...
Legislation hits marine pricing.
European Union and US-led regulatory changes in the international marine market could make risk pric...
EU directive looks set to increase total recall.
Brokers could soon be facing massive demand for recall insurance cover as a result of a major new Eu...
New PI code ready by the autumn
Newly-established trade body The Personal Injury Claims Federation expects to implement a new regime ...
Out of the blue.
Suddenly, the Conservatives seem to have become a credible force with the potential to dislodge Labour at the next election. Tim Osborne assesses what impact a victory might have on the PMI market.
Cracking the cash plan problem.
Providers may regard cash plans as a simple 'nest egg' to help with everyday healthcare costs, however, the Financial Services Authority will regulate them as general insurance contracts. Lynn Rouse wonders if this decision could leave the regulator with…
No cover for FSA fines.
Regulated firms and individuals will not be able to use insurance to pay Financial Services Authorit...
FSA publishes fees proposals.
The Financial Services Authority has published its latest proposals on fees for insurers acting as i...
Appointment at Affiliated FM.
Chris Benstead has joined commercial property insurer Affiliated FM as production underwriter. He wi...
Generali falls foul of wording.
Assicurazioni Generali SPA v CGU International Insurance & Others (2003) (Queen's Bench Division - 2 May 2003).
What the papers said this week.
The Sunday Times Up to one in four drivers involved in fatal road accidents is under the influenc...
Consultation on Phase 1 to begin today.
Consultation on Phase 1 of the International Accounting Standards Board's proposed changes to insura...
Through the internet maze with Richard Griffiths.
I find it very strange when a business's website turns out to be a complete dog's dinner. It is not ...
Larry Silverstein back in court.
World Trade Center leasholder Larry Silverstein was back in court this week before the US Federal Ap...
FSA sets broker compliance deadline
The Financial Services Authority has warned brokers that it can only guarantee they will be authori...
FSA publishes results of review.
The Financial Services Authority has published the results of a review undertaken to assess how firm...