Tax
Liiba selects worldwide insurance tax calculation tool for brokers
The London and International Insurance Brokers’ Association is teaming up with a leading service company to help its members calculate tax payable on insurance policies around the world on a territory-by-territory basis.
Post Europe: Remedy sought for global compliance headache
International business must keep compliant with shifting insurance regulations and tax regimes across the world, and on the back of research by Ferma Peter den Dekker asks if a single database could help reduce cost bases within impairing competition.
BIS 2010 - News: Solvency II will give competitive advantage to big players
Large diverse European insurers such as Generali, Axa, and Allianz may be the "big winners" under Solvency II, an ABI director has predicted.
Interview - Andrew Homewood: A developing role at the CILA
With 35 years in the industry, new CILA president Andrew Homewood is well placed to guide the institute through an important phase in its development. Leigh Jackson finds out his plans for the organisation.
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.
Debevoise & Plimpton advise Novae
Debevoise & Plimpton has advised Novae Insurance Company on the transfer of its insurance business and reserves to Lloyd's Syndicate 2007.
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.
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
London remains "key location" for insurance industry
A new report into the issue of domiciles for property & casualty insurers and reinsurers has found access to markets was overwhelmingly the key criteria.
GC launches global P&C report
Despite spiralling losses, global reinsurance rates generally declined through the 2010 reinsurance renewals, according to Guy Carpenter.
Lloyd's chief calls on industry to engage with regulators
Lloyd’s chief executive Richard Ward has called for the reinsurance industry to take active role in regulatory debate.
Council of the European Union endorse agreement
The Council endorsed an agreement with the European Parliament on a reform of the EU framework for financial supervision.
French tax proposals have negative implications, says Moody's
Proposed changes to the tax rates on French life products might provoke short-term switches to other insurance products, which would have negative credit implications for life insurers, according to Moody’s.
Deloitte warns insurers ahead of IPT changes
Accountancy firm Deloitte has warned insurers to prepare for the incoming IPT changes, due to be implemented in four months time.
Post Europe - the challenge of control
Choosing where to headquarter a business can be a challenge for any European insurer but as Jakki May explains the trend may well be to move away from UK dominance.
Legal update - tax relief schemes: Ad hoc relief
The repeal of certain tax reliefs for investors has seen a spate of claims against professionals who advised on such transactions. Julian Miller and Tom Pangbourne look at the downfall of the system and its implications for the insurance industry.
Health insurance - IPT rise: A bitter pill
With the failure of the industry's efforts to persuade the Treasury to freeze, or indeed lower, insurance premium tax on private medical insurance, Veronica Cowan looks at what it would take to lobby more effectively.
Broker focus - exit options: Feathering the nest
Finding a favourable exit during the economic downturn has proved tricky for broker owners. Leigh Jackson reports on how the tide may be turning for those looking to sell.
Consolidation - global brokers: Too big for their boots?
The creation of the global broker in the 1980s resulted in a dominant few. David Trezies asks whether this consolidation has produced any tangible benefits for clients.
BIS countdown - Sean McGovern interview: Getting to grips with government
Lloyd's general counsel Sean McGovern talks to Jonathan Swift about the incoming Solvency II directive and his role building relationships with the new government.
CEA submits statement
The CEA has submitted a written statement to the US House of Representatives Subcommittee to express its concerns over proposals to change the US tax treatment of reinsurance between affiliated entities.
German government voices opposition to Neal Bill
The German ambassador to the United States Klaus Scharioth has written to house ways and means committee chairman Sandy Levin registering the opposition of the German government to the Neal Bill.
NIG slips into the red as RBSI brands all suffer
Royal Bank of Scotland Insurance subsidiary NIG was the only one of its major four brands to record a loss in 2009, Post has discovered.
Postscript - 10 years ago: Calls for 'safe harbour'
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.