Regulation
Indian legislation opens market.
The Indian parliament last week passed legislation amending the Insurance Act 1938, allowing co-oper...
What the papers said this week.
SUNDAY TELEGRAPH Virgin Trains, the most unpunctual long-distance operator in the country, plans ...
Eureko posts reduced operating profit.
Pan-European insurer Eureko has posted a reduced operating profit for the first quarter of 2002 of E...
LUAP applies for liquidation
Reinsurer LUAP (ex-Folksam International) has applied to the Court of Stockholm to liquidate. In a...
Swiss Re to launch Indian insurance consultancy
Swiss Re is to set up a consultancy in India for the country's insurers. Indian's Foreign Investmen...
US and China exchange information on insurance regulation
The US National Association of Insurance Commissioners (NAIC) and the China Insurance Regulatory Comm...
Endurance buys LaSalle property cat business
New Bermudian (re)insurer Endurance Specialty is acquiring the property catastrophe reinsurance busin...
"Financial dog's dinner" danger for RSA.
Insurance analysts this week cast doubt over Royal & Sun Alliance's claim that its capital programme...
PWC warns minimum standards not enough.
A senior manager in the PriceWaterhouse Coopers' Financial Services Regulatory Consulting Group, has...
Footman James is to sponsor Parliamentary Classic Car Run.
West-Midlands based broker Footman James is to sponsor the fund-raising Parliamentary Classic Car Ru...
ABI warns of FSA capital rates threats.
Insurers could be forced out of certain lines should the Financial Services Authority impose phenomen...
Events.
16-17 May Capital and risk management in reinsurance (IBC UK) London Tel: 01932 893854 22...
Regulatory change: Turning it to your advantage - 25 June 2002 - The
Regulatory change is sweeping through every sector. In its wake, it demands fundamental changes to t...
Think twice before you blow that whistle.
The news that the Financial Services Authority has set up a "Whistle-blowing" hot line for employees...
Brokers' Indie deal set to go to the vote.
Settlement has been reached between brokers and Independent Insurance's provisional liquidator Price...
Risks of a capital shake-up.
The Financial Services Authority last week outlined its well-publicised and long-awaited proposals f...
What the papers said this week.
The Daily Telegraph The police service faces a financial "nightmare" over its growing bill for pe...
Industry enjoys a good reception.
Post Magazine held its 12th Annual Parliamentary Reception, which brought together a wide range of p...
Underwriter moves to build up reserves.
Liability specialist The Underwriter has cited a strengthening of reserves for its post tax loss of...
Industry should restore balance between trust and self-interest.
I commend this year's Reith lecture by professor O'Neill, in which she argued that trust is the firs...
Siemens unveils tracking device.
Siemens Datatrak this week launched its Trakbak II security and tracking device for cars. The anti-th...
Greenway voices concerns.
John Greenway MP, chairman of the All Party Parliamentary Group on Insurance and Financial Services,...
Government to stand firm over terrorism extension
The government last night hinted that it was unlikely to shift its ground over terrorism cover and ca...
Sir Roger Hurn to step down.
Sir Roger Hurn, chairman of Prudential, is to step down, following criticism of his former involveme...