Legislation
Monte Carlo roundtable: State of play
Mairi Mallon leads proceedings at the annual PricewaterhouseCoopers-sponsored Reinsurance roundtable at the Monte Carlo Rendezvous, where industry experts gathered to talk about the industry's hot topics.
Viewpoint: The Hitchhiker's Guide to Solvency II
Solvency II is looming large on the horizon but, argue Henry Sopher and Ann Duffy, despite the guidelines' complex language and detailed instructions, the run-off market can make it through this new universe by simply applying sound business sense and…
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.
Career path & CSR news: Preparing for the abolition of the default retirement age
Earlier this summer, the government announced a consultation on the future of the default retirement age, proposing that it should be scrapped between April and October next year.
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…
Environmental liability - under-insurance: Clean up your act
Environmental insurance is regularly purchased by companies looking to cover historical liabilities rather than their day-to-day operational risks. Tony Lennon examines the reasons behind this decision.
Post Europe: An in-depth review of general insurance in Portugal
Although the Portuguese insurance industry is one of the most well-established and resilient in the European Union Sam Barrett explains that it is still facing considerable challenges as the market responds to new legislation.
APIL: Lord Young report will breed “carelessness”
The Association of Personal Injury Lawyers has released a damning statement ahead of Lord Young’s eagerly awaited health and safety review.
Video: The changing market, and what it will mean for you
With the insurance market at a cross roads due to the impending introduction of Solvency II, KPMG’S head of general insurance Mark Winlow speaks to Post editor Jonathan Swift about how insurers can face up to the post-recessionary world.
Video: The changing market, and what it will mean for you
With the insurance market at a cross roads due to the impending introduction of Solvency II, KPMG’S head of general insurance Mark Winlow speaks to Post editor Jonathan Swift about how insurers can face up to the post-recessionary world.
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?"
BIS 2010 - News: Solvency II should lead to hard market return
The implementation of Solvency II could lead to the return of a hard market, according to John Neal, chief underwriting officer, QBE Europe.
BIS 2010 - Introduction: The view from the hill
Anthony Gould outlines the key debating points from two busy days in Tower Hill.
ABI rebuffs Hiscox supremo's calls for trade body break-up
The Association of British Insurers has hit back at claims the general insurance industry would be better served by a separate trade body.
AM Best commentary: Keeping the balls in the air
While hardly a vintage year for the general insurance sector, 2009 did see an overall improvement due to investment earnings - but, says Catherine Thomas this year is unlikely to match up.
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…
Biba welcomes changes to “100 year old” insurance laws
The British Insurance Brokers’ Association has responded positively to HM Treasury’s consultation paper on consumer insurance (Disclosure and Representations) bill.
Monte Carlo preview - Destination: Monaco
Reinsurers viewing customers as commodities - Barbican.
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.
US financial markets - Enter the enforcer
Two years on from the onset of the financial crisis, what lessons has reinsurance learnt? Tim Evershed investigates.
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…