Regulation
Bermuda gets supervisor.
Bermuda has created the new position of supervisor of insurance as the first move towards creating a...
Pru in Korean swoop
UK insurer Prudential has acquired the multi-distribution based Korean life insurance YoungPoong Life...
Bupa: Long term regulation plans don't go far enough
Bupa has welcolmed the today's Treasury announcement that the selling and marketing of long term care...
Fraud allegations lead to arrests
City of London police have made of number of arrests in connection with allegations of fraud involvi...
Top marks?
The life industry is trying to regain some of its lost credibility, and believes this week's introduction of quality marks for brands is a step in the right direction. Anthony Gould talks to John Cox, chief executive of the PPIAB, about its new…
House of Lords verdict could cost brokers millions
Brokers face millions of pounds in liability claims after the House of Lords ruled in favour of Anec...
In a day's work?
Incidences of violence in the workplace are rising, with employers under increasing pressure to protect their staff and also reduce the risk of costly liability claims. Juliette Shaw explains.
Pensions victims to receive top-ups.
The Financial Services Authority last week gave the green light for thousands of victims of the £14b...
Regulation costs could soar.
Insurers could be forced to pay out twice for regulation, following the stalling of the General Insu...
Appointment at Watson Wyatt.
Watson Wyatt has extended its insurance consulting capability across Europe, with the appointment of...
NU: health in site.
The Institution of Occupational Safety and Health, in partnership with Norwich Union Risk Services, ...
Axa is negotiating new cover with FIFA.
Axa, the lead insurer of the 2002 World Cup Final, is negotiating new cover with football's world go...
FSA rejects regime.
The Financial Services Authority is not set to return to the old solvency regime for insurers, after...
Hartford:UK jobs on the line.
The future of over 30 London-based staff hangs in the balance this week after US reinsurance group H...
Ruling may see liability costs soar.
Brokers could face millions of pounds in liability claims today, as the House of Lords makes its jud...
US regulators act to save Lloyd's.
US regulators have acted to avert potential liquidity problems regarding Lloyd's, by reducing the am...
Legal tender.
Insurers are beginning to see the potential of offering personal legal expenses - particularly as add-ons in the areas of household and employee benefits. Lynn Rouse reports on a growing sector, which is increasingly looking to mediation to keep down…
Government pledges regulatory reform in wake of Equitable
The UK government said today that the Financial Services Authority's inquiry into Equitable Life has ...
Names must stump up £786m
Lloyd's Names have been asked for £786m ($1.1bn) to cover expected losses in the market and to boost ...
Davies forecasts new solvency regime
The Financial Services Authority is not set to return to the old solvency regime for insurers followi...
Hartford quits non-US reinsurance
US reinsurance group The Hartford has put its non-US reinsurance business — worth $150m of annual pre...
US cuts Lloyd's deposits for terrorist liabilities
US regulators have temporarily cut the sum that Lloyd's must deposit in reinsurance trust funds for p...
Eureko reaches agreement with PZU.
Pan-European insurer Eureko aims to become an Eastern European insurance powerhouse after finally re...
Actuaries abandon industry.
They have been much maligned as the esoteric statisticians who have failed to make provisions for th...