Politics
IRDA will pave way for Lloyd's to enter India
India's government is planning to push through the insurance reforms bill that is set to retain the foreign direct investment cap in the sector at 26%, but will allow "modifications" to enable Lloyd's of London to enter the Indian market.
Second motor summit puts whiplash and young drivers at top of agenda
A proposed panel of independent medical practitioners to tackle whiplash, and affordable cover for young drivers, topped the agenda at the second motor insurance summit at Whitehall, as Transport Secretary Justine Greening lamented there is "no one…
RTA Portal extension: Delivering swift justice
The extension of the road traffic accident claims portal has met with mixed reactions, with concerns over the practicalities involved and how it will affect the personal injury market.
China publishes draft proposals on agricultural insurance
China has issued draft proposals for regulating agricultural insurance to solicit public opinion on the measures designed to promote the sound development of the farming sector, according to a circular published by the Legislative Affairs Office of the…
Third insurance summit set for this autumn
A further insurance summit will take place in the autumn following yesterday's second meeting in Whitehall.
View from the top: Fixing fees to fight fraud
Success depends on simultaneous change in insurer culture and claims handling philosophy, says Karl Parr
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?
Interview: Andrew Torrance - Playing the long game
With more than a decade at Allianz, and more than 20 years in the industry, chief executive Andrew Torrance reflects on the past and looks to the future.
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.
Legal and insurance experts at loggerheads ahead of second summit
Legal and insurance leaders have once again clashed over the issue of whiplash ahead of the second motor insurance summit at Whitehall this afternoon.
Lawyers call for 'real debate' on whiplash
Hard questions must be put to insurers about the way they handle whiplash claims, lawyers have said ahead of a Whitehall summit with the insurance industry tomorrow.
IRDA asked to relax branch opening rules in rural areas
India's government has asked the country's insurance regulator to be more lenient when applying branch opening norms in rural areas in the hope that the presence of more insurance firms will increase insurance penetration.
China considering sovereign guarantees to keep oil flowing
China will review the possibility of sovereign guarantees to enable the nation's ships to import Iranian crude oil after EU sanctions come into effect in July, the head of the China Shipowners' Association has said.
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…
LASPO bill gains Royal Assent
The Legal Aid, Sentencing and Punishment of Offenders Bill will at best "represents a litany of missed opportunities" for the personal injury system, and at worst will "cast a shroud of ambiguity that will profoundly damage access to justice", according…
Government must listen to dying workers, says Apil
A concession in the Legal Aid, Sentencing and Punishment of Offenders Bill must amount to more than "government lip-service", lawyers have warned.
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?
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?
Second insurance summit set for May
The British Insurance Brokers' Association has confirmed that a second government-hosted insurance summit has been tabled for 2 May.
Natural disaster: Filling the $254bn insurance gap
The problem of underinsurance has been seen with a number of natural catastrophes recently. Lucia Bevere explains why relying on governments as a last resort is a risky strategy, and what insurers can do to tackle this area.
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.
Irda supports state-backed health scheme
India's Insurance Regulatory and Development Authority has come out in favour of a government-backed health insurance scheme.
Tonks calls on government for a fair deal for injured people
The Association of Personal Injury Lawyers said insurers and the government will be challenged to face up to their responsibilities for injured people at its annual conference this week.