Politics
Pool Re hails Treasury 'concessions' ahead of EGM vote
Pool Re has welcomed "significant concessions” from HM Treasury in its quest to modernise the terrorism scheme.
Thoresen passes ABI baton to deputy Evans
The Association of British Insurers has named Huw Evans as the successor to director general Otto Thoresen ahead of his move to National Employment Savings Trust in February next year.
RDT prepared for My Licence launch
Software provider RDT's Landscape platform has been upgraded to support soon-to-be-launched industry hub My Licence.
Environment Agency awards £300m flood risk contract
The Environment Agency has awarded a £300m flood risk management contract aimed at protecting £200bn of property to engineering company CH2M Hill.
ABI signs joint letter on driving licence reform as government progress stalls
Ethics around restricting driving and passengers could be blocking progress
Insurers sign up to cyber summit agreement with government
Twelve insurers have signed a joined pledge to more actively highlight cyber threats to UK businesses and work more closely with government to improve cyber security risk management.
Flood defence spending ‘insufficient’ says Audit Office
Spending on flood defences is insufficient to meet needs for maintenance according to a report from the National Audit Office.
Government's Pool Re levy increase leaves insurers little room to manoeuvre
The timing of the government's proposed increase to its Pool Re fee has left insurers with few options, according to market commentators, as time to negotiate alternative reinsurance arrangements is limited.
Road safety report calls for zero IPT rate for young drivers
The government should introduce a zero insurance premium tax rate for insured vehicles fitted with a telematics unit for drivers under the age of 25, according the Road Safety Foundation.
Insurers likely to benefit as Treasury looks to hike Pool Re fee
The government’s attempt to increase the fees it receives from Pool Re will provide substantial growth opportunities for independent insurers as buyers look for alternative cover, according to Lockton’s terrorism head.
Blog: State of the Broking Nation Findings, Week 2
Michael Lawrence of LV takes a look at the findings from this week's State of the Broking Nation research, which looked at commission and politics
Motorists voice safety concerns ahead of driverless car trials
One in three UK motorists are concerned that driverless cars could be dangerous, according to a survey carried out by Autoglass.
Industry backs Jackson’s call for fixed costs to be extended beyond PI claims
Lord Justice Jackson repeats call for fixed costs on all fast-track cases
Deputy Editor's Comment: Looking beyond the EU rhetoric
Is it impossible for anyone in public office to talk about the European Union without expressing or feigning anger for their own side’s short-term political gain? It seems that way this week.
Marie-Louise Rossi: An obituary
Marie-Louise Rossi, who died last night at the age of 58, left a huge legacy for the London insurance market for which she acted as a powerful, persuasive advocate for over a decade while at the helm of the International Underwriting Association (IUA).
Speed of whiplash reforms criticised following TSC report
The speed of the government’s implementation of reforms to tackle motor fraud has been criticised by the AA, following the publication of the Transport Select Committee's latest motor insurance report.
Polish insurance market faces 'moderate' risk, says S&P
Poland's general insurance industry is benefiting from the country's "strong and competitive economy and good growth prospects", according to Standard & Poor's.
Northern Ireland firm's contact centre creates 49 jobs
Northern Ireland business Lakeland Trading Solutions has set up a contact centre in Enniskillen creating 49 jobs over the next three years.
‘Constructive’ party conference season dialogue pleases insurance bosses
Flooding and cost of motor insurance and regulation top the agenda
Government urged to extend HSE remit to occupational road accidents
Insurers have called on the government to focus more closely on occupational road risk, with many urging the Health and Safety Executive to extend its remit to accidents involving fleet drivers.