Regulation
State scuppers a third sale.
The South Korean government has pulled the plug on the £1bn sale of Korea Life Insurance. It is the ...
Winning words of FSA chief.
Francis Higney went to Birmingham last week where the Life Insurance Association was holding its annual conference. Once in their seats, delegates were presented with both upbeat forecasts and grim warnings.
Euro/US alliance.
London law firm Hextall Erskine has joined French and US firms to form a multi-national insurance li...
EMU now high on insurers' agendas.
European Monetary Union is now a boardroom issue for Europe's insurers, with over half of them now h...
Nice work if you Cannes get it.
With the euro now in place in 11 countries, Damien Regent looks at the French life assurance market, and finds it booming. But he also discovers there are dangers on the horizon.
Senate to vote on Bug law.
The US Senate could vote this week on legislation to protect companies against lawsuits stemming fro...
Date for league table paper.
The Financial Services Authority will publish a consultation paper in September outlining the timeta...
Where have all the lawyers gone?
A disparity between insurance lawyers entering and leaving private practice could lead to future demand from all areas says Phil Parry.
Power without accountability.
Fears remain over accountability, says Tony Baker, following the first report of the Joint Committee of the Commons and Lords, which was set up to look at the draft Financial Services and Markets Bill.
Bolam lays into IIB.
With the rows over broker regulation still raging, this year's BIIBA conference in Cardiff promised strong speeches. David Worsfold and Francis Higney found it did not disappoint.
Swiss Re ready to axe up to 500 jobs in profitability drive.
Swiss Re is set to cut jobs and shed unprofitable business in an effort to challenge the soft pricin...
BIIBA think-tank is on target.
The turmoil on the regulatory front has helped the British Insurance and Investment Brokers' Associa...
Davis for chairman.
Prudential group chief executive Sir Peter Davis will take over from retiring chairman Sir Martin Ja...
Who knows best: insurer or insured?
Have modern risk analysis techniques moved the goal posts so far that it is now the insurer who know...
IUA told to speed up and streamline claims.
The London market must speed up and streamline its processing of claims, chairman Tim Carroll warned...
Beware of red tape, says Merricks.
The creation of the Financial Services Ombudsman must be a seamless transition from the seven existi...
Aviation underwriters overexposed.
London's company aviation underwriters have seen their claims burden double and their premium base h...
Insureds pay the piper ... but who is calling the tune?
Rapid consolidation in the broking sector has heightened insureds' concerns about incentive payments to brokers. Alex Beatty reports.
Lloyd's backs FSA.
The Council of Lloyd's has confirmed its backing for the UK Financial Services Authority's proposal ...
Haunted by past mistakes.
John Butler explains why a new interpretation of restitution law should worry reinsurers.
EC approves P&I agreements.
The European Commission's competition directorate has formally confirmed approval of an amended pool...
In support of offset.
The pro-offset trend set in the early 1990s gains strength with two recent results. Steven Schwartz reports.
Views from the front line.
Reinsurance's first survey of executive opinion in South-east Asia offers a fascinating insight into the region. Jeremy Golden reports.
New standards for London.
With Lloyd's likely to turn the regulation of its brokers over to the General Insurance Standards Council, Adrian Leonard takes a look at the UK's new self-regulatory body.