Politics
Lawyers respond to Sants' exit from the FSA
Mathew Rutter, regulatory partner at DAC Beachcroft, said that Hector Sants' departure from the Financial Services Authority at the end of June could not come "at a worse time" for regulated firms.
Sants set to quit FSA in June
The chief executive of the Financial Services Authority, Hector Sants, has announced his intention to leave the organisation at the end of June.
Apil issues justice warning despite Laspo bill exemptions
A decision by the House of Lords to exempt victims of industrial disease from the proposals for 'no-win, no-fee' in the Legal Aid, Sentencing and Punishment of Offenders Bill has been welcomed by the Association of Personal Injury Lawyers.
Ancillary income still under scrutiny, despite boost to Admiral profits
After easing the pressure built up during a bodily injury claims-ravaged third quarter, bosses at Admiral have been warned that this year's hot topic of ancillary income could yet provide a sting in the tail.
All in the execution: Interview with Zurich's Stephen Lewis
Having "fixed the fundamentals" and realigned Zurich into three distinct divisions, Stephen Lewis is now seeing his plans come to fruition. So where does he go from here?
Don't miss Budget Day Live - analysis today at 3pm
Incisive Media's impressive range of brands serving the financial services sector are collaborating today to bring financial services professionals the very best analysis of George Osborne's Budget Statement.
China unveils latest motor market liberalisation move with premium setting plan
The China Insurance Regulatory Commission is to allow some qualified insurers to set terms and premium rates for private motor insurance.
Your Say: Forecasting for subsidence
The Secretary of State has declared a drought in the south east, while East Anglia has received just 35% of the rain it might usually expect in the first 20 days of February. But this means very little when it comes to predicting the potential cost of…
'Sticking plaster' Statement of Principles distorts flood insurance market
The Statement of Principles was never designed to be anything more than a "sticking plaster", according to James Dalton, head of property insurance at the Association of British Insurers.
Government warned it cannot 'duck' issue of poor being priced out of flood insurance
People on lower incomes could be priced out of flood insurance following the end of the Statement of Principles.
Renewing Statement of Principles will not solve flood cover issue, says Defra
The issue that confronts the insurance sector and government today is not the ending of the Statement of Principles, as renewing it would not solve the problem, but that underwriters are changing their approach to pricing flood risk.
Academic paper suggests England learn from Scotland about flood risk prevention
An academic made a splash this week by publishing a paper calling for planners, developers and architects to be held "legally liable when they get it wrong and people are flooded" as a way of preventing further flood plain development.
Christchurch one year on: a forgotten city?
A year on from the earthquakes in New Zealand, while the Christchurch disasters may be slipping out of public consciousness, the work to rebuild the city continues.
Wunelli calls for standard telematics approach
Wunelli has urged insurers to agree a common data standard for the use of telematics.
Labour MP's telematics stance supported by Accenture survey
Drivers of all ages would respond favorably to calls from Labour’s shadow transport minister to force insurers to offer telematics technology as a matter of course, according to an Accenture study.
ABI warns 'clock is ticking' for flood insurance solution
The Association of British Insurers has warned that there is no time to lose in securing a long-term, sustainable flood insurance market.
Academic calls to sue experts over flood risk are 'absurd'
A leading planning barrister has rubbished calls by flood expert for class action lawsuits to be brought against planning officers, consultants, architects and other experts.
Labour wants to force insurers to offer telematics
Labour wants to see every insurance company being forced to offer drivers at least one black box product, according to the Daily Mail.
Government flood cuts could lead to 'thousands' of uninsurable businesses
Thousands of UK businesses are at risk of becoming uninsurable inside three months if the government fails to meet the demands of disgruntled insurers.
We need Solvency II now, demands Eiopa director
Policymakers should not let politics impede the implementation of Solvency II regulations, the head of Eiopa has urged.
MEPs on the front foot as Prudential sparks fear of mass insurer exodus
Solvency II concerns in the spotlight after UK giant linked with Hong Kong move
Editor's comment: Leaving on a jet plane
Reports that the Prudential is looking at jumping into Asia after 164 years has made some obvious waves around the sector.
In Series: Emerging Markets - The India of today
With the civil society movement setting the agenda against corruption, and a growing middle class, India is a market ripe for insurers.
MoJ issues consultation for RTA portal extension
Last night the MoJ issued a consultation letter to key stakeholders on further extending the fixed costs scheme currently used for Road Traffic Accident claims to cover Employers’ and Public Liability policies.