Legislation

Insurers face age ban if gender ruling is enforced

The British Insurance Brokers' Association has consulted its European counterpart Bipar on the best step forward after a European Court of Justice advisor said gender should not be a determining risk factor when setting insurance premiums.

Environmental liability: The carrot or the stick?

The idea of a new compulsory insurance class appears to represent opportunity to some and a major risk to market stability for others. Ralph Savage reports on how compulsory financial provision for environmental damage is viewed and whether it could ever…

BIS 2010 - News: ERM reduces volatility

In highlighting the need for clients to understand an insurer's risk, Nigel Bamber, XL Insurance head of client relationship management UK, asked: "Is the insurer like a doctor who smokes?"

Future market challenges: After the storm

Amid the unprecedented economic pressures and turbulence of recent years, the insurance industry has performed admirably. Now Mark Winlow urges companies to concentrate on the key catalysts for change and understand the consequences their responses will…

Neal Bill opposition grows

Opposition to the bill proposed in the US congress by senator Richard Neal has continued to grow this month, with the CEA and German government both voicing opposition.

Ferma backs law directive

Good risk management and internal control systems help companies go "faster, further and more safely" and businesses should not be afraid of the 8th European Company Law Directive.

Interview: Two is better than one

Katherine Blackler talks to Swiss Re's Alex Kaplan - vice-president of regulatory affairs - and Michael Natal - vice-president of tax - about their unconventional specialisms and the potential impact of the Neal Bill

Third-party fraud outside review scope

Law commissioner David Hertzell conceded the current ability for fraudulent third parties to only lose the dishonest part of their claim — rather than having to forfeit the whole — is "quite generous", but stressed this issue lies outside the scope of…

Government set to give go-ahead to draft law reform bill

The government appears to have given the 'green light' to the draft bill on consumer insurance law reform, according to law commissioner David Hertzell. This could take effect as early as next year, he said, which is "two years ahead of when we would…

Lord Young to recommend extension of MoJ RTA portal

Extension of the Ministry of Justice electronic portal, which handles low-value road traffic accident claims, to include employers’ liability and public liability, is expected to be a feature of Lord Young of Graffham’s upcoming review on compensation…