Regulation
Lack of funds to spark Solvency II M&As
The cost of implementing Solvency II could lead to a spike in mergers and acquisitions, after a survey on how prepared the insurance industry is for the directive revealed only 31% of respondents claimed to have set aside sufficient funds.
Regulatory reform poses risk to financial stability
Regulatory and accounting changes faced by the insurance industry will dramatically alter its investment style, meaning companies will face greater problems raising funds to invest in the real economy, a legal firm has warned.
Post Magazine – 14 July 2011
The latest issue of Post Magazine is now available to subscribers as a digital and interactive e-book.
Regulatory reform poses risk to financial stability
Regulatory and accounting changes faced by the insurance industry will dramatically alter its investment style, meaning companies will face greater problems raising funds to invest in the real economy, a legal firm has warned.
Insurance News Now – 14 July - Insurers fear £9m fraud unit will prompt further cash calls
Post senior reporter Amy Ellis outlines this week's major general insurance stories which include fears from some industry figures that the insurance industry will be called on to foot the bill for more policing after agreeing to invest £9m over three…
Exclusive D&O and regulation content now available on Post Europe
Post Europe’s weekly update is now live with all the latest news and an article on how bancassurance might be the ideal channel for commercial insurance in Italy; and a View from the Top on how increased regulation in Europe might stifle innovation.
Post Europe: View from the Top – What price pan-European regulation?
The increased attention on all aspects of regulation across Europe has the potential to slow down the drive for innovation. Ironically, this comes at a time when technology is making important gains in distribution and the simplification of the insurance…
The Geneva Association appoints head of institutional relations
International insurance think tank, The Geneva Association, has appointed former secretary general of the International Association of Deposit Insurers and deputy director of the Federal Deposit Insurance Corporation, Donald Inscoe, as head of…
View from the Top – What price pan-European regulation?
The increased attention on all aspects of regulation across Europe has the potential to slow down the drive for innovation. Ironically, this comes at a time when technology is making important gains in distribution and the simplification of the insurance…
The Geneva Association appoints head of institutional relations
International insurance think tank, The Geneva Association, has appointed former secretary general of the International Association of Deposit Insurers and deputy director of the Federal Deposit Insurance Corporation, Donald Inscoe, as head of…
BIA 2011 Achievement Award winner Scott: Market reaction
Having been crowned Achievement winner at the British Insurance Awards last night, a number of high profile market faces have today lauded Sandy Scott for his work at the Chartered Insurance Institute.
Government insists it will not make "knee jerk" referral fee ban decision
The Government has insisted that while sympathetic to a ban on referral fees, it will not introduce one as a knee jerk reaction.
Postbox: Gender quotas will only backfire
Reading Heather Jackson's analysis of Vince Cable's hopes for gender equality in the insurance industry, I agree that looking at the existing talent pool, holding consultations and limiting the number of directorships one person can hold should all be…
Insurance & social media: To tweet or not to tweet
The insurance industry has struggled in its early attempts to adopt social media, due to its staid reputation. Sam Barrett warns that being slow to capitalise on the benefits it can bring means the industry is missing a trick.
Editor's comment: Customer conundrum
Cuddly toy or cold hard cash? That appears to be the latest dilemma facing the insurance-buying public.
Broker networks: Member merits
Brokers often highlight the merits of network structures but is their enthusiasm shared by insurers? Peter Knowles reveals what underwriters really think about the membership model.
Affinity: 'Sticky' challenge faced by affinity in bid to boost business
Insurers must "tap into partner loyalty" within affinity arrangements if they are to stay one step ahead of mounting outside pressures, according to Ageas' partnerships director Ian Wardle.
Lloyd's warns FSA over SII box-ticking
Lloyd's finance director Luke Savage has warned the Financial Services Authority against the perils of hiring "rookies" to approve businesses' internal capital models for Solvency II.
Career development & CSR: Chartis and CII team up to offer environmental training
Chartis UK has joined forces with the Chartered Insurance Institute to offer a suite of accredited training programmes to brokers, covering environmental liability issues.
Broker focus - Biba/IIB merger: Let's get together
Following the initial flurry of excitement when Biba and the IIB announced they were in merger talks, Chinwe Akomah talks to the market about their hopes and concerns for new a single body.
Sandy Scott takes Achievement Award at 2011 British Insurance Awards
Sandy Scott, chief executive, Chartered Insurance Institute, was given the Achievement Award at the British Insurance Awards at the Royal Albert Hall tonight in front of 1800 fellow industry professionals.
Post Magazine – 7 July 2011
The latest issue of Post Magazine is now available to subscribers as a digital and interactive e-book.
TSC re-opens premiums inquiry - Insurance News Now – 7 July 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories which include chair of the Transport Select Committee, Louise Ellman telling Post that motor insurers will be called back to parliament for further questioning…
FSA bans two brokers for misconduct
The Financial Services Authority (FSA) has banned two insurance brokers, Andrew Porter and Alexander Brincat, from working in the financial services industry.