Regulation

View from the top: The pace of change

Twenty years ago the world wide web was in its infancy. E-mail, if it was used in the insurance industry, was limited and contained within organisations. Letters and faxes dominated. We may have had second generation mobile phones but the first UK text…

Editor's comment: Deadline decision time

It's not something a betting man would have ever wagered against but, as rumours continue to mount that the Solvency II implementation deadline will indeed be significantly pushed back, the UK insurance industry faces some difficult decisions.

Disgraced coverholder boss faces FSA fitness probe

The chief executive and director of a Financial Services Authority-approved coverholder faces having his status as a 'fit and proper' person investigated by the regulator, after admitting to child sex offences at Canterbury Crown Court.

Scepticism over future of regulation

Law firms have reacted with scepticism to the Financial Services Authority's paper on the future of regulation for insurers. This week the regulator released a joint paper with the Bank of England, outlining how the Prudential Regulation Authority — the…

EC denies any delay to SII implementation

The European Commission has denied that implementation of the Solvency II directive could be delayed until 1 January 2014, a year later than planned, despite admitting a "short transitional period" is likely to be introduced.

Industry responds to Justice Bill

The industry has responded to the government’s reforms to ‘no win no fee’ arrangements outlined as part of the Legal Aid, Sentencing and Punishment of Offenders Bill published today.

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