Regulation
All change at FSA.
The Financial Services Authority plans to move insurance regulation to a risk-based capital adequacy...
US attacks show insurance is sold on more than price.
The events of 11 September in the US have shaken the international insurance industry to its foundat...
Penny Black's insurance week.
The media's obsession with insurance's boring tag raised its ugly head again this week in a piece ab...
The size of the impact.
The Financial Services Authority's new regulatory regime comes into force next week. Post Magazine asked two insurers to offer their opinions on the effect it is likely to have on their business.
Playing it safe.
Recent fatal incidents involving pupils on school trips have set alarm bells ringing, and while the valuable tradition of such pursuits can not be denied, appropriate liability cover must be sought for schools sending their pupils on activity holidays,…
FSA: new regime.
This weekend is an historic one for the life and general insurance industry, as the statutory regula...
Lloyd's inquiry over.
Lloyd's has been informed by the US Attorney's Office for the Southern District of New York that the...
Pipe dreams?
With the threat of recession in the pipeline, businesses are searching for ways to cut costs, however, Phil Godwin warns engineering firms against compromising on safety and says with help and advice from insurers, things will start to look up.
Sherwood seeks recovery of £3.3m lost in legal decision.
UK-based insurance software provider Sherwood International has had to payout £3.3m to a customer fo...
Airmic calls for action on lack of property terrorism cover.
David Gamble, executive director of the Association of Insurance and Risk Managers, has called on in...
Two snub Lloyd's.
Lloyd's insurers Goshawk Insurance Holdings and Wellington Underwriting have spurned the market, wit...
XL boosts capital for Lloyd's syndicates
The Lloyd's managing agent XL Brockbank is shutting down its syndicates 588 and 861, which are backed...
Regulator considers action on Equitable's reinsurance
The UK regulator the Financial Services Authority (FSA) said that it was considering action following...
Amercian Club hikes premiums for 2002
Protection & Indemnity Club the American Club has raised rates by 12.5% in order to raise levels in l...
Ensign completes acquisition of syndicate 318
Lloyd's insurer Ensign Holdings has completed the acquisition of the right to manage former Limit's s...
Zurich adopts ISO to slash claims cost base.
Zurich Financial Services has implemented ISO's Claims Outcome Adviser, as part of its bid to slash ...
View from the top - Patrick O'Sullivan
Patrick O'Sullivan, chief executive, Zurich Financial Services - UK Our industry is currently being...
New venture to buy claims against insurers.
A new company, which is looking to buy claims against solvent and insolvent insurers and reinsurers,...
MP calls for end to unfair rules.
Unfair and inappropriate regulation has to be stamped out if the insurance industry is to recover fr...
Greater authority.
The Equitable Life and Independent Insurance debacles have forced the Financial Services Authority on to the back foot. However, from next month, it will have wider powers. Robert Viney explains the implications for insurers.
Business class.
Business travel insurance is suffering following 11 September and insurers are hoping confidence will be restored shortly. In the meantime, they are scrutinising their policy wordings - paying particular attention to terrorism exclusions, says Lynn Rouse.
MP in ABI flood row.
Labour MP Richard Burden slammed insurers for "arbitrarily putting up premiums and red-lining proper...
Eureko profits sink.
Pan-european insurer Eureko blamed the "global economic slowdown" for a drop in income and profits f...
GISC: FSA takeover is not a done deal.
The Treasury has poured cold water on mounting industry speculation that the draft EU directive on in...