Regulation
Battle for business hots up.
Border clashes and terrorism are as much a concern for Indian reinsurers and regulators as the hardening market, but there are opportunities in both the life and the non-life markets, says Saibal Dasgupta.
Compensation payouts accelerating, PPB report shows
The Policyholder's Protection Board's final report and accounts show the now defunct body paid out £...
US regulators issue terrorism warning
US state insurance regulators have warned the US House of Representatives that the failure to set up ...
FSA repeats call that better does not mean more regulation
Smarter insurance regulation does not have to mean more insurance regulation, John Tiner, FSA head of...
Claims suffer in dumbing down.
A combination of dumbing down by insurers and a shortage of resources in claims departments are key ...
Commentary - In protection of payments.
An increasing number of construction disputes are being referred for adjudication and a consequentia...
Greater unity should be the common goal.
I was impressed by Paul Spencer's view from the top (PM, 14 February, p11). He argues for greater un...
Practical justice for yachting case - Virginia Goode v Hugh Martin.
(Court of Appeal - 13 December 2001) The claimant sustained a near fatal head injury while sailing...
Thomas Miller plans managing agency under Dex project.
Thomas Miller & Co, the London market marine and transport mutual, aims to establish a Lloyd's manag...
Prudential plans retail partnerships.
Life insurer Prudential said it plans to develop partnerships with retailers and other distributors ...
Temenos: new insurer system.
Swiss technology company Temenos has moved into the UK insurance sector with the launch of Glosure. ...
Appointment at Affiliated FM.
Commercial property insurer Affiliated FM has appointed Jeffrey Fields as director, to oversee the e...
HIH and Axa in court over film finance loss warranty - HIH Casualty &
(Queen's Bench Division - 21 December 2001) HIH was the insurer to certain film finance companies....
Through the internet maze with Richard Griffiths.
This is yet another niche website whose sole aim is to sell one type of insurance - this time, to th...
India - just for the brave?
Last week Accenture provoked denials when it suggested UK insurers are set to move the bulk of their customer-facing functions to India. Simon Roncoroni argues that it would take a brave insurer to do it.
The right tool for the job.
The nuts and bolts of traditional employers' liability policies is a bit of a grey area and with a rise in complex personal injury claims going before employment tribunals, insurers are keen to ensure the cover matches the exposure, says David Fanning.
RSA quits reinsurance and centralises run-off.
Royal & Sun Alliance, which has permanently quit the inwards reinsurance market after a £20m underwr...
Pru up on back of Asian arm
Prudential, which sold its UK general insurance arm to Churchill at the end of last year, has recorde...
Euro shake-up to cost billions.
UK insurers have been criticised for failing to help shape the future of European industry regulatio...
On good authority.
The recent imposing of new regulations by the FSA has put the delegated authority sector under the spotlight. The need for compliance and quality controls has had a direct impact on the recruitment and training of staff within these schemes, says Lesley…
One voice not enough for all.
The proposed ABI/BBA merger raises questions over how the smaller players will get their voices heard, says Steve Devine.
On-line reinsurance platform Inreon opens in Hong Kong
Online reinsurance trading platform Inreon has opened an office in Hong Kong as part of its expansion...
Out of their hands?
A proposed EC directive will mean all intermediaries must have mandatory PI cover. However, in a market where rates are hardening drastically, could brokers and IFAs be trapped into high premiums and poor cover? Francis Higney reports.
IRM: new boss plans shake-up.
Mark Butterworth, who has been elected as chairman of the Institute of Risk Management, following a ...