Regulation
Biba and GISC due to make address
The British Insurance Brokers' Association and the General Insurance Standards Council were both du...
CCTV case a catalyst for privacy laws in UK
- Case of Peck v The United Kingdom(European Court of Human Rights - 28 January 2003) In this cas...
An age-old issue
The Labour Government's promises concerning the provision of care for the elderly have had a massive impact on the sale of long-term care insurance. Sandy Johnstone looks at what this means for insurers and customers alike.
GISC gets FSA extension
The General Insurance Standards Council will not submit its response to the Financial Services Auth...
US terrorism law hits aircraft hull insurance market
The Homeland Security Act in the US, introduced in the wake of the 11 September 2001 terrorist attack...
High Court action could lead to massive compensation claims
The Financial Services Compensation Scheme could face millions in further payouts to policyholders ...
Apathy threat to industry
It is hard to believe, but despite regulation being at the top of most brokers' and insurers' agend...
A move in the right direction
The clocks are ticking as CP 166 heralds the imminent arrival of depolarisation and with it, potentially rich rewards for pro-active providers. Paul Thornton believes the process will bring the industry's offerings into sharper focus and calls for…
CP 159 and 160 response vital
According to a senior Financial Services Authority spokesman at a recent industry gathering, less t...
Egg to cut staff in Dudley
Prudential subsidiary Egg is making 10% of its Dudley call centre staff redundant and relocating a ...
Countdown to new standards
New international accounting standards will affect all aspects of (re)insurers' business. Yet Rusty Nelligan and Craig Morton see valuable opportunities for reinsurers as insurers seek better ways to manage and report exposures.
EC seeks comment on study of reinsurance supervision
The European Commission (EC) has taken a further step towards harmonising reinsurance supervision i...
Hartford writes traditional reinsurance
The Hartford group wrote $618m of traditional reinsurance in 2002 compared with $736m in 2001. Writ...
Globaltime's future to be decided after world vote
The future of the proposed Globaltime mutual aviation (re)insurer could be settled at last by the m...
Rediary
MARCH 2003 3-4 10th Annual Alternative Risk Transfer Conference Zurich, Switzerland IIR +...
Gerling sale awaits regulator approval
A crucial decision by the German regulator on whether to approve the sale of Gerling's reinsurance ...
Cells cause concern
(Re)insurers are doing increasing amounts of business with protected cell companies, but legally the companies may not be completely secure, warns Ambereen Salamat.
Converium sees more rate rises after strong renewals
The hard reinsurance market is set to continue as companies carry on correcting for past undercharg...
The power to perform?
The advent of new FSA regulation is set to have a strong impact on the insurance sector, however, many believe they do not have enough power to raise service standards and keep them there. Rachel Gordon investigates industry feeling on the proposed…
Liverpool set to look ship-shape again
Once a shipping and insurance giant, Liverpool has suffered in recent years as financial institutio...
Claims sector in the spotlight
The last week has seen several major developments for the claims sector of the insurance industry. ...
Government eyes Scottish lead on flood payments
The Office of the Deputy Prime Minister this week told Post Magazine it will be taking "an active int...
Proposal forms changed
One of the insurers at the top of an insurance chain, which is subject to a police investigation af...
All Party Group to lobby on EL
The All Party Parliamentary Group on Insurance and Financial Services this week agreed to lobby the g...