Regulation
CEO revelations on regulatory regime
Last week's PM chief executive round table, sponsored by Accenture, saw representatives from across the industry hotly debating issues surrounding statutory regulation and the Financial Services Authority. Lynn Rouse reports.
EU calls for end to government airline aid
European union finance ministers have called an end to government aid to EU airlines on 31 October,...
Canada Life cuts back but salesforce saved
Canada Life is closing its 198-strong UK life and pensions salesforce following a decision to reduc...
Film case focuses on estoppel type - HIH Casualty & General Insurance
(Court of Appeal - 31 July 2002) This was an appeal concerning an alleged waiver of a breach of w...
Insurers face risk factor
As the Financial Services Authority launches its assessments of the insurance industry, it may not like what it finds, says Dr Tim Wright
Through the internet maze with Richard Griffiths
There is not a great deal to this site, but it is very well designed. The company is a broker s...
Organisation for Economic Co-operation sets up formal system
The Organisation for Economic Co-operation and Development has set up a formal system to enable reg...
Insurance industry must not hold back top level talent on training
Clearly, Nicola Burdett (Call for fast-track training, Post Magazine, 12 September, p12) feels frus...
G-Risk claims Equitas may face liquidation
Equitas, the company established to reinsure and run-off the pre-1993 liabilities of Lloyd's Names,...
Hull losses will force rates higher, says JHC
Marine hull insurance rates are likely to rise further as a result of $750m of recent hull losses, sa...
Capital shortages will sustain price rises, says Swiss Re
Non-life insurance prices will continue rising for longer than in previous insurance industry cycles ...
OECD beefs up reinsurer monitoring
The Organisation for Economic Co-operation and Development (OECD) has set up a formal system to enabl...
Scope of regulation set to be extended
Anthony Gould and Jonathan Swift report on last week's Chartered Insurance Institute annual conference, which was held at the Birmingham ICC.
Industry calls for one body to deal with FSA
UK insurance chiefs have intimated their support for a single trade body, comprising both insurance c...
Broker consultation ready by Christmas
John Tiner, managing director of the Financial Services Authority, said the consultation paper on r...
UK serves notice to ship owners
The UK has served notice that owners of ships operating in UK waters will need insurance to cover t...
Cox seals India outsourcing deal
Lloyd's insurer Cox is looking to outsource the bulk of its back-office operations, at present costin...
Tiner reports on progress
Insurers and trade associations this week gave a provisional welcome to the report by Financial Servi...
Disease not accidents at heart of EL problem for insurers
Tom Jones's letter (EL: reform is illogical and a red herring, Post Magazine, 26 September, p14), m...
Regulatory green light for industry action
Regulation, regulation and regulation are the main themes this week. On Monday, the European Pa...
Cardif obtains license to commence business in Hungary
Pinnacle Insurance's parent company Cardif, the global retail insurance group and subsidiary of BNP...
New standards "disappointing".
Insurers have expressed disappointment that a new risk management standard - designed for national an...
View from the Top - David Fleming, national secretary for financial
Back in February, when management consultant Accenture predicted that 20% of UK insurance jobs would...
MEPs criticise Lloyd's regulator
The UK government's regulation of Lloyd's post-1973 did not meet European standards, according to a...