Regulation
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...
Equitas may still go under.
Equitas, the company established to reinsure and run-off the pre-1993 liabilities of Lloyd's Names, ...
Legal firms agree policyholders' deal.
Law firms Davies Arnold Cooper, Berrymans Lace Mawer and Davies Lavery have concluded a deal with In...
Indie policyholders get new website
The Policyholders Protection Board today announced it has set up a temporary website in response to w...
Equitas fears confirmed
Concerns over the level of asbestos claims at Equitas, the company set up by Lloyd's to reinsure and ...
Government shakes up employment tribunals
New proposals to radically reform employment tribunals were announced today by Employment Relations M...
Equitas adds £1.7bn ($2.4bn) to asbestos reserves
Equitas, which Lloyd's set up to reinsure and run off its syndicates' liabilities for 1992 and earlie...
Response to whistle-blowing.
The Financial Services Authority has issued a consultation paper on whistle-blowing in support of Pos...
Salute to quality
Excellence survives and thrives in the insurance industry despite the recent tough times. That was the theme of the welcoming address to the packed audience in the Royal Albert Hall from David Worsfold, editor-in-chief of Post Magazine.
Premium finance legal action joins Independent fiasco.
The spectre of a legal action between premium financing companies and Independent policyholders move...