CBL Insurance Europe has been ordered by The Central Bank of Ireland to bolster its capital and reserves.
Lloyd’s plans to reduce the regulatory burden on market participants as the corporation focuses on a “risk-based” approach to oversight, performance director Jon Hancock said.
The government must publish its Brexit position paper on financial services in order to assuage the “chronic state of uncertainty” at present, the chair of the Treasury Committee has warned.
Boards shouldn't turn their attention away from corporate, compliance and supply chain risks, warns Dave Brosnan, CEO of CNA Hardy Europe.
Whether it’s a tumble dryer that catches fire or baby milk that’s contaminated with salmonella, an increase in safety concerns is putting product recall insurance in the spotlight. With the frequency and severity of claims on the up, there are concerns…
Dual pricing is hitting vulnerable customers hardest and insurers are part of the problem, according to research from Consumer Advice.
The government needs to clearly define what constitutes autonomous driving in order that insurers can properly determine liability, a conference heard.
Contract continuity and cross-border market access will be essential post-Brexit, the London & International Insurance Brokers' Association chair said in a speech in Europe.
The European Commission and Insurance Europe have welcomed a report that suggests adapting Solvency II to facilitate sustainable investment.
European insurers are gearing their investment strategies towards sustainable ventures.
I started this year in style watching the fireworks over Sleeping Beauty’s castle at Disneyland Paris. Looking at January’s headlines the insurance industry has also started this year with a bang.
The Chartered Insurance Institute is considering introducing a new chartered designation to reflect the current shape of the insurance market.
Insurers are increasingly finding themselves under pressure on three fronts when it comes to climate change – as underwriters, as major investors and as large employers with their own substantial carbon footprints. That pressure is about to intensify.
The company responsible for auditing Quindell has been fined £700,000 for failing to “exercise sufficient professional scepticism”.
Inconsistent regulations and risk of hacking are among the challenges that need to be overcome as loss adjusters are increasingly using drones to assess insured damage, said Nick Barber, head of property & energy claims - Europe at AIG.
Hong Kong has changed the structure of its insurance complaints organisation.
AIG has created a government regulatory role for its international businesses.
Building regulations are being reviewed in the wake of the deadly Grenfell fire and Neil Clutterbuck, chief underwriting officer at Allianz, points out construction details need to be fully disclosed to insurers.
British drivers who have a car accident in the European Union can currently seek redress through UK courts but Brexit could change that. Mark Hemsted, partner at Clyde & Co, lists the points to keep an eye on.
Nigel Edwards, senior vice-president and head of Europe at EXL Services, spoke to Jonathan Swift about the incoming General Data Protection Regulation and its impact on insurers.
The insurance industry needs to push for amendments to the Data Protection Bill, argues Stuart Walters, chief information officer at BGL Group.
This week, as Theresa May reshuffled her cabinet, the insurance industry underwent its own shake-up.
As the Justice Select Committee prepares to hear oral evidence about the government's personal injury proposals, Carpenters director Donna Scully bemoans the unrepresentative makeup of those giving evidence at a time when those in power need to be held…
The loss of passporting will be a major challenge for insurers after the UK leaves the European Union. Steven McEwan, partner at Hogan Lovells, looks at some of the options available.