Regulation
Foil calls for fixed fees to be slashed
The Forum of Insurance Lawyers has urged the government to extend the road traffic accident claims portal to £25 000 and to reduce fixed fees in the regime.
European banks are ‘disadvantaged’ when recruiting high-performers
The different approaches taken by European and US regulators means that European banks are now at a competitive disadvantage when attempting to attract high-performing staff, research from Mercer has revealed.
‘Dirty secret’ comes as no surprise to legal expenses group
The Legal Expenses Group has welcomed Jack Straw’s investigation into referral fees.
European banks are ‘disadvantaged’ when recruiting high-performers
The different approaches taken by European and US regulators means that European banks are now at a competitive disadvantage when attempting to attract high-performing staff, research from Mercer has revealed.
Hoban addresses insurance community
This morning Mark Hoban, Financial Secretary to the Treasury gave a speech to the London 100 Group at the City of London Club.
News analysis - Regulation: The more things change
With detail emerging on what life under the Prudential Regulation Authority will look like, Mathew Rutter analyses the similarity of themes to the current approach and pinpoints potential problem areas.
Doors open at first RFIB Saudi office after licence secured
RFIB plans to open branches in Jeddah and the Eastern Province of Saudi Arabia after being granted an intermediary licence to conduct insurance and reinsurance business in the Kingdom.
Post history - Five years ago: Pay rises at FSA increase sharply
Looking back through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from five years ago reveals.
Axa ready for referrals ‘hurt’
Axa UK’s decision to stop accepting referral fees will “hurt” it in the short term and lose it several millions of pounds in income, but it is looking to the “longer-term prize” of getting bodily injury claims under control, according to personal lines…
Post Magazine - 30 June 2011
The latest issue of Post Magazine is now available to subscribers as a digital and interactive e-book.
Regulation tops London market agenda
Uncertainty around regulatory issues - from the replacement of the Financial Services Authority to a global focus on the perceived systemic risks of the insurance sector - remain top of the agenda for London company market insurers.
Axa ready for referrals ‘hurt’ - Insurance News Now – 30 June 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including the response of Axa personal lines boss Steve Hardy, on the insurer’s decision to stop accepting referral fess from personal injury lawyers.
Regulation tops London market agenda
Uncertainty around regulatory issues - from the replacement of the Financial Services Authority to a global focus on the perceived systemic risks of the insurance sector - remain top of the agenda for London company market insurers.
Axa ready for referrals ‘hurt’ - Insurance News Now – 30 June 2011
Post news editor Mairi MacDonald outlines this week's major general insurance stories including the response of Axa personal lines boss Steve Hardy, on the insurer’s decision to stop accepting referral fess from personal injury lawyers.
Solvency II white paper addresses importance of operating efficiency
A white paper addressing the importance of operating efficiency in the build up to the revised regulatory requirements of Solvency II, has been published by DST Global Solutions.
Solvency II white paper addresses importance of operating efficiency
A white paper addressing the importance of operating efficiency in the build up to the revised regulatory requirements of Solvency II, has been published by DST Global Solutions.
FCA will be "tougher and bolder" than FSA
The Financial Services Authority has outlined how its successor body charged with conduct and market regulation will be “tougher, bolder and more engaged with consumers".
Government puts speed cameras under spotlight
The numbers of accidents and casualties at speed camera sites both before and after the cameras were installed is to be published by local authorities.
Pay tops £1k per day for Solvency II actuaries
Actuaries working on Solvency II projects are commanding wages of more than £1000 per day as insurers rush to become compliant with the new rules.
Pay tops £1k per day for Solvency II actuaries
Actuaries working on Solvency II projects are commanding wages of more than £1000 per day as insurers rush to become compliant with the new rules.
Solvency II: delays and uncertainty
The latest draft of Omnibus II "seems to confirm" the delay to Solvency II, pushing the go-live date back to 1 January 2014, according to KPMG.
Solvency II: delays and uncertainty
The latest draft of Omnibus II "seems to confirm" the delay to Solvency II, pushing the go-live date back to 1 January 2014, according to KPMG.
Risk management software aids Solvency II compliance
Risk management software from IBM is being used to improve the management of operational risk and support the requirements of Solvency II at an employee benefits firm.
Solvency II to transform insurers’ allocation of assets, says Fitch
Solvency II will alter how insurers allocate their assets, leading to shifts in demand and pricing for several asset classes, according to Fitch Ratings.