Regulation
IFA accuses Equitable Life of deception.
An independent financial adviser has joined the legal fray against Equitable Life by forming another...
Vibration directive comes under fire.
A European Union directive that seeks to limit the time farmers and lorry drivers can work with cert...
Treasury could offer airline cover until May.
The Treasury looks likely to continue as insurer of last resort for UK airlines until May, following...
Actuaries' popularity up despite Indie collapse.
The UK insurance industry could be facing a shortage of suitably qualified actuaries when the curren...
UK insurance industry must look to shape EU legislation.
European issues are becoming increasingly important for the UK insurance industry on both the genera...
Monetary Authority of Singapore signs an agreement.
The Monetary Authority of Singapore has signed an agreement with Hong Kong authorities to co-operate...
Insurers welcome lump-sum payments move.
The Government's decision to query the whole system of 'lump-sum' awards for personal injury damages...
XL Winterthur Int'l rating down
Rating company Standard & Poor's (S&P) has lowered its counter-party credit and financial strength ra...
Government must act on floods says ABI - again
Initiatives to reduce the risk of flooding for Britain's 1.8 million flood vulnerable property owners...
NAIC agrees on terrorism exclusions
The National Association of Insurance Commissioners (NAIC), of the US, has agreed that terrorism excl...
GE likely to float Employers Re, says WSJ
General Electric (GE) is likely to turn its property and casualty reinsurer Employers Re Corporation ...
Ace finds its limitations in disability insurance case.
Surendranath Seechurn v Ace Insurance SA-NV (Court of Appeal - 6 February 2002).
Solvency 2 report closes.
The results of an 11-month study by KPMG, which is expected to form the basis of the European Commis...
Survival rates.
If the Financial Services Authority was to impose a fixed-fee system in general insurance, this could cause problems for brokers. A shift in culture, greater efficiency and diversity are perhaps the best ways to capitalise on their existing assets and…
Wellington shows £66.7m loss for 2001
Wellington Underwriting has recorded a pre-tax loss on ordinary activities of £66.7m including a £73....
CILA raises questions over regulation.
The Chartered Institute of Loss Adjusters met with the Treasury this week, as the government gears u...
Appointment at RJ Temple.
National independent financial adviser RJ Temple has appointed John Johnson from HSBC as national sa...
It doesn't add up.
In my last letter (PM, 28 February, p14), an alteration was made that completely changed the gist of...
Are insurers prepared for asbestos challenge?
I have had several comments from insurers following my statement that the Association of British Ins...
KPMG launches software package.
Professional services provider KPMG has launched a software package enabling insurers to calculate t...
Gaps in cover must be filled.
Major businesses could fail and many thousands of jobs be lost in the UK if the gaps in insurance co...
Draconian slur is far too broad.
I read with interest the letter Reluctance to provide training, (PM, 14 February, p10). I feel the w...
Loss-making Gerling Global Re replaces chairman
Norbert Strohschen has been replaced as chairman of Gerling Global Re by Björn Jansli, as part of a r...
US extends terrorism cover for airlines
The US government has, as expected, extended the temporary third-party war and terrorism risk cover t...