Legislation
Redomiciling: London calling as tax changes make the UK more attractive
Will a reduction in corporation tax and changes to the Controlled Foreign Companies regime make the UK a more attractive place to domicile?
LV boss O'Roarke calls for fraud clamp-down talks at second summit
LV managing director John O'Roarke is demanding more stringent legislation designed to clamp down on "unscrupulous" drivers following a survey showing that almost two thirds of GPs have seen a rise in exaggerated injuries.
Post magazine - 3 May 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Indian Reserve Bank says case for FDI hike exists
The Reserve Bank of India has said there is a case for raising the foreign direct investment cap in insurance in view of India's growing integration with the global economy.
China opens motor liability market to foreign insurers with immediate effect
Foreign insurance companies are now able to undertake the business of China's compulsory traffic accident liability insurance, according to an amended regulation.
EU law takes a hold on the UK motor insurance market
The conflict between EU law and individual country laws can be confusing for companies that operate in member states. David Holt discusses the increasing influence of EU law on the UK motor insurance market and the Directives that seek to clarify the…
Metal theft: Finding a copper-bottomed solution
With metal theft on the increase due to a rise in value, how can the industry protect itself and its clients from criminals?
North of the Border: A change in equity law for Scotland?
The Lloyds TSB Foundation for Scotland is an independent charitable organisation, and one of four that distributes 1% of pre-tax profits for the bank to various charities.
Transport Select Committee seeks to clear up transparency
The Transport Select Committee's reports on motor insurance have proved contentious, with calls for transparency not resonating with insurers. Will the 13th report clear things up?
Wunelli boss cancels telematics discussion amid insurer support
Wunelli chairman Sandy Dunn has announced his decision to abandon an industry seminar exploring the merits of a common standard for telematics data, following "almost unanimous support" from insurers.
Transport Select Committee chair "encouraged" by whiplash response
The Transport Select Committee's 13th special report has reiterated members' commitment to access to justice while also expressing encouragement at the government's "willingness" to clamp down on fraudulent whiplash claims.
In series Competitive edge: Big data, big deal
Insurers welcome the availability of more information on their insureds, but the handling of so much data presents many challenges.
BAFSA report calls for government rethink on high-rise sprinklers
The British Automatic Fire Sprinkler Association has hit back at a government report describing the installation of sprinklers in high-rise flats as "not practical" by producing a 'safer high-rise living' guide to support its call for change.
Countdown to ISA: Q&A with Aviva's Simon Machell
Simon Machell, chief executive of Aviva Asia Pacific, will be part of the panel debate on The outlook for insurance in Asia at Insurance Strategy Asia taking place in Hong Kong on Tuesday 29 May.
In Series Competitive Edge: Size isn't everything in underwriting
In the cut-throat property market, the agility of smaller insurers can give them an edge over their larger rivals when underwriting.
Police pay out, but insurers raise questions over BI cover and riot locations
Insurers are starting to receive payments from the police for losses incurred from last summer's riots, but one has called for improvement in the Riot (Damages) Act to cover business interruption losses.
Landmark asbestos ruling puts an end to EL 'black hole' concerns
Supreme Court judgment means run-off firms cannot avoid liability.
North of the border: presumption of death reforms
While Scotland has had a fairly clear procedure for dealing with the legal affairs of persons missing for longer than seven years since the Presumption of Death (Scotland) Act 1977, those south of the border have had to deal with "a legislative patchwork…
Editor's comment: Rewriting the Riot Act
I thought April had come early when I saw last week's headlines praising insurers for their handling of the riot claims for 2011.
Post magazine - 5 April 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Finance Bill causes 'no major headaches' for insurers
Insurers are breathing a collective sigh of relief following the publication of today's Finance Bill, with firms expected to benefit from controlled foreign companies exemptions and unforeseen benefits for those looking to establish UK headquarters.
Insurers gear up for Finance Bill detail in hope of simplified CFC process
This week's publication of the long-awaited Finance Bill could provide the catalyst for overseas investment, while also serving to safeguard the status quo of UK-headquartered insurance companies.
ISE 2012: Interest in cyber insurance 'overwhelming' in Europe
Speaking at Insurance Insight's inaugural Insurance Strategy Europe event, Jacob Ingerslev, European underwriting director for technology and cyber risks at CNA, said that interest from Europe in cyber crime insurance is growing rapidly.
European insurers win ground in Solvency II debate
European Union insurers could be spared the full impact of solvency rules owing to a last-minute agreement on Thursday between senior lawmakers.