Regulation
Certainty returned over insurers' right to avoid.
A legal ruling last month confirmed the duty of the insured to disclose material facts, once more recognising the commercial imperatives that lie behind English law. This is a welcome judgement for insurers, argue Edward Mann and George Mortimer.
Appointment at Advent.
Advent Underwriting has appointed Philip Archer-Lock as group actuary. Mr Archer-Lock joins Advent f...
ri3k sells subsidiary.
Reinsurance trading platform ri3k has sold its subsidiary, the Run Off Centre, to legal and actuaria...
OFT seeks FSA liability rules
The Office of Fair Trading has asked the Financial Services Authority to consider including a minim...
Quick off the mark.
Changes in food industry legislation have tightened standards regarding the recall of contaminated foodstuffs. However, a fast and efficient recall campaign can actually enhance a manufacturer's reputation, and insurance can keep the process on track,…
Risk modelling for natural catastrophes is "vital basis" for
Risk modelling for natural catastrophes is a "vital basis" for insuring the biggest risks in general...
Biba steps up listings action.
The British Insurance Brokers' Association is to step up its campaign against the proposed insurance...
Claims service market on the up.
The Accident Group clearly represented the market leader in the claims management sector, in terms o...
Leaning towards ADR.
The success of mediation as a form of alternative dispute resolution is well-established in many areas of commercial dispute in England and Wales. Matthew Hirst compares this to the more cautious approach of Italy.
Ziemniak increases civil action likelihood - George Ziemniak v ETPM
(Court of Appeal - 7 May 2003) The claimant was severely injured when the suspension chain holding...
View from the Top.
Everyone I spoke to at this year's British Insurance Brokers' Association conference agreed it was o...
Munich Re has disapointing Q1
Munich Re posted a €238m loss for the first quarter of 2003, as it was hit by the continuing weakness...
FaSt-trAck to compliance
A new company has been set up to help brokers and insurers navigate the uncertainties of FSA complian...
Co-operative Insurance chief calls on institutional investors
Finian O'Boyle, pictured, the newly-installed chief operating officer of Co-operative Insurance Soc...
DAS profits up more than 10% despite ULR decline
Legal expenses specialist DAS has reported an increase in its gross written premium of over 10% to ...
View from the Top - Charles Philipps, chief executive, Amlin
By any standard, 2002 should have been an excellent year for non-life underwriting companies. Price...
Directives to influence FSA
The Distance Marketing Directive and E-commerce Directive are set to have as much influence on the ...
Appeal judges back TAG
Legal expenses intermediary The Accident Group secured a substantial victory last week, when the Co...
Insurers will continue to deal with non-regulated agents
Members of the Association of British Insurers will continue to provide insurance policies to inter...
FSA head speaks to delegates
Financial Services Authority head of policy Dr Eleanor Linton told delegates the FSA was looking to...
Honesty is the best policy
The European Union, the UK government and new legislation in the US are combining to make things even tougher for the auditors' liability industry, says Richard Beaty.
Clearing the road to reform
The Civil Justice Council's efforts in addressing the volatile issue of court costs are paving the way for much-needed change. Speaking to two of its main figures Marcus Alcock discovers there's still a long way to go.
Ex-FSA head joins BWC
The former head of the Financial Services Authority's insurance firms division Martin Roberts has b...
Regulator warns over compliance scare stories
The Financial Services Authority is considering the needs of small brokers and will seek to ensure ...