Regulation
Lloyd's exceeds scandal duty.
The more Lloyd's decision to offer to pay claims arising out of the collapse of The Management Compa...
RSA could quit life by the end of the year
Royal & Sun Alliance today said it had completed the first stage of its review of the UK life assuran...
Lloyd's boost.
Lloyd's insurers Wellington and XL Brockbank are involved in the launch of a new body that has been ...
Arneil leaves Relectronic for new UK rival.
Former managing director of Relectronic Remech, Rodger Arneil, has become the latest senior employee...
Principal players.
Mutual life insurer and investment firm Principal Mutual Holding's policyholders have approved its p...
Ecclesiastical's Shearn to head up charity.
Graham Shearn, assistant general manager with responsibility for the international and reinsurance d...
Prudential seeks US acquisition.
Prudential has confirmed that its US acquisition ambitions continue apace, although it has had to sc...
Irish car checks spark EU row.
Ireland could be taken to the European Court of Justice if it fails to stop random police checks on ...
Rebus unveils LMP2001 pilot.
Rebus iS, information technology services provider to the insurance industry, has secured the partic...
Position of trust.
With all the attention surrounding pension mis-selling and now the introduction of stakeholder pensions, scheme trustees have been thrust into the spotlight, says Neil McCarthy.
Calls for new Act.
The Law Commission and the Scottish Law Commission published a joint report, this week, recommending...
Commentary - Disappointment over reduction of discount rate.
The Lord Chancellor's recent decision to set the discount applied to personal injury awards, to allo...
Late might be too late.
When cedants post a late notice for reinsurance cover, are reinsurers able to use this tardiness as a defence to avoid payment? Peter Chaffetz and Steven Schwartz find mixed signals.
Passport to change.
Regulators are having to move swiftly to keep up with rapid change in the financial services industry. Katherine Coates looks at what the European Union regulators have planned.
Groups must reveal more.
Whatever happened to the reinsurers' mantra 'Think global, act local'? A more appropriate maxim these...
Reform drives opportunities.
In Russia, you never know what tomorrow will bring. Adrian Leonard looks at the likely effects of proposed legislation and Allianz's investment in Rosno.
Lights, camera, legal action!
In the first of two articles, John Butler discusses the effect of a failure to make an agreed number of TV films on the related reinsurance contract.
GISC postpones date again
The General Insurance Standards Council has postponed the proposed date of 15 October for the commenc...
First half profits up at Prudential
Prudential said that strong sales in the UK and Asia have helped it achieve a 16% increase in profits...
MP attacks ABI.
Barry Gardiner MP has heavily criticised the Association of British Insurers for failing to publicly ...
State of play.
Insurer stability is upmost in brokers' minds - especially as Lloyd's opens its door to all-comers. Kevin Willis explains the rationale behind Standard & Poor's new Lloyd's Syndicate Performance Measures.
Lifespan.
As Italy crosses the economic bridge to greater stability and inflation rates fall, alternative long-term savings products - including life insurance and pensions - are beginning to take off. The challenge is now to ensure the market reaches its full…
Facing up to the worst year.
This year will go down as one of the worst the UK insurance industry has ever experienced. We may be ...
Cherry picking means realistic underwriting.
The letter Independent cherry picking is doing further damage (see below), reveals the naivety of som...