Insurer
Budget 2011: Reduction in regulation costs welcome
Speaking on the £350m of proposed business regulation cuts, Ash Saluja from law firm CMS Cameron McKenna, said: “Any reduction in regulation costs is welcome, but financial firms’ understanding of cutting red tape is a long way from Treasury proposals…
Post Magazine – 24 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Budget 2011: Government CER plans “unclear”
Accountancy advisers Mazars has claimed that government proposals to maintain tax relief on Claims Equalisation Reserves “leaves more questions open than it answers”.
Aldermanbury Declaration - One Year On: The Debate
If you missed yesterday's live webinar debating the Aldermanbury Declaration - one year on - it is now available for viewing on-demand.
Budget 2011: CER tax relief maintained
The government has outlined plans to continue to provide tax relief on general insurance claims equalisation reserves until at least 2012.
Budget 2011: KPMG backs Osborne measures
Professional services firm KPMG has welcomed the new tax measures laid out in Chancellor George Osborne’s 2011 budget.
Budget 2011: Budget offers “dual route for growth”
Responding to today’s Budget, Maggie Craig, acting director general of the Association of British Insurers, said that it offers a dual route for growth – boosting long-term investment and securing a competitive UK tax regime.
Catastrophe claims costs see "eight fold" increase
The average cost of insured claims from natural catastrophes are eight times higher than in the 1970s, Allianz has revealed.
Budget 2011: "good budget for UK general insurance”
PWC has commenting on the news that tax relief has not been withdrawn for insurers’ equalisation reserves.
Budget 2011: UK growth forecast cut to 1.7%
Chancellor George Osborne has cut the growth forecast for the UK in 2011 from 2.1% to 1.7%.
Budget 2011: Lord Young recommendations to be implemented in full
Announcing the 2011 Budget, UK Chancellor George Osborne said the recommendations in Lord Young’s report on health and safety would be implemented in full.
Budget 2011: Corporation tax cut by 2%
Chancellor George Osborne has announced that the government will cut corporation tax by 2% in April – up from the 1% cut previously announced.
RBSI ousts Esure to win Sainsbury’s Finance contract – Insurance News Now – 24 March 2011
Post news editor Mairi MacDonald outlines this week’s major general insurance stories including the decision by Sainsbury’s Finance to replace its current motor insurance provider Esure, with Royal bank of Scotland Insurance.
RBSI ousts Esure to win Sainsbury’s Finance contract – Insurance News Now – 24 March 2011
Post news editor Mairi MacDonald outlines this week’s major general insurance stories including the decision by Sainsbury’s Finance to replace its current motor insurance provider Esure, with Royal bank of Scotland Insurance.
RSA names personal lines boss
RSA has appointed Mark Christer as its new managing director for personal lines.
Zurich Ireland move beckons for Norgrove
Former Travelers Ireland vice president Ken Norgrove is poised to be named as Zurich chief executive for Ireland, Insurance Insight has learnt.
Zurich Ireland move beckons for Norgrove
Former Travelers Ireland vice president Ken Norgrove is poised to be named as Zurich chief executive for Ireland, Post has learnt.
Esure dumped as RBSI lands Sainsbury’s insurance deal
Royal Bank of Scotland Insurance has won a multi-million pound contract currently held by Esure to provide motor insurance for Sainsbury’s, Post has learnt.
Margaret Cole set to oversee top regulatory conduct role
Margaret Cole, currently the director of enforcement at the Financial Services Authority, is set to temporarily become head of the Financial Conduct Authority – one of two new regulatory bodies to be formed in April.
KBC chooses SAS for central groupwide risk reporting
New solution will help KBC meet and implement current and future risk reporting requirements as well as Solvency II guidelines.
KBC chooses SAS for central groupwide risk reporting
New solution will help KBC meet and implement current and future risk reporting requirements as well as Solvency II guidelines.
SME businesses to access short term government credit insurance
An increasing number of SME businesses are now eligible to apply for short term credit insurance from ECGD, the UK export credit agency.
Nuclear leak insurance impact “too early to be known”
It is still too early to assess the full impact of the Fukushima Dai-ichi incident on nuclear insurance rates, Jardine Lloyd Thompson has claimed.
Fitch: Solvency II impact “not as bad” as expected
Fitch Ratings has said the impact of Solvency II on insurers’ capital positions will be less significant than originally forecast.