Regulation
Hastings eyes Aviva and Allianz in 2012 IPO push - Insurance News Now - 23 June 2011
Post senior reporter Amy Ellis outlines this week's major general insurance stories including the news that the panel of insurers at Hastings Direct has more than doubled in size since an MBO 18 months ago. The firm is due to sign another five companies…
Groupama urges government to act on referral fees
Groupama Insrances has called on the government to ban referral fees following publication of the Legal Aid, Sentencing and Punishment of Offenders Bill.
ABI Conference: Single European insurance regulator likely "within years"
The European insurance industry will eventually be regulated by a single continental body rather than a number of country regulators, Eiopa’s Carlos Montalvo Rebuelta has claimed.
ABI/KPMG: 98% of UK insurer bosses "very worried" by EU impact
The insurance industry has a key role to play in helping UK consumers manage their financial commitments, but first it needs to improve its reputation.
ABI/KPMG: 98% of UK insurer bosses "very worried" by EU impact
The insurance industry has a key role to play in helping UK consumers manage their financial commitments, but first it needs to improve its reputation.
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.
Government embarks on 'no win no fee' regime change
The government will implement the bulk of Lord Justice Jackson’s review into civil litigation costs with the publication of its Justice Bill presented in the House of Commons by Ken Clarke this afternoon.
New directive on insurance intermediaries: a serious warning against excessive regulations from Brussels
The new Intermediaries Directive (IMD2), coming less than a decade after the implementation of IMDI, will re-shape the entire regulatory environment for insurance distribution in each of the 27 EU member states.
KPMG welcomes run-off sector concessions under Solvency II
KPMG has welcomed a revised draft of the Omnibus II Directive which includes specific transitional arrangements fro (re)insurance companies in run-off under Solvency II.
KPMG welcomes run-off sector concessions under Solvency II
KPMG has welcomed a revised draft of the Omnibus II Directive which includes specific transitional arrangements fro (re)insurance companies in run-off under Solvency II.
UK to "pilot" new regime if SII deadline delayed
UK insurers risk becoming the guinea pigs of new capital rules surrounding insurance companies if they press ahead with plans to implement the new framework in time for the current 1 January 2013 deadline.
UK to "pilot" new regime if SII deadline delayed
UK insurers risk becoming the guinea pigs of new capital rules surrounding insurance companies if they press ahead with plans to implement the new framework in time for the current 1 January 2013 deadline.
PRA reveals approach to insurer regulation
The Bank of England and the Financial Services Authority have published a joint paper that sets out sets out the current thinking on how the future Prudential Regulation Authority will approach the supervision of insurers.
Post Europe: Italian disclosure regulation
New contract disclosure rules have been introduced in Italy late last year and as Paolo Golinucci explains this is having a knock on effect for brokers in the open market.
View from the Top: recent developments in captive Europe
Traditional captive domiciles in Europe include Guernsey and Gibraltar, as well as, in the European Union, Luxembourg, which is still dynamic and stable, and Ireland, which is in clear retraction. However, new developments are being seen in the market.
Italian disclosure regulation
New contract disclosure rules have been introduced in Italy late last year and as Paolo Golinucci explains this is having a knock on effect for brokers in the open market.
Draft bill published on financial regulation reforms
The government has published a White Paper and draft bill detailing its proposed reforms to the financial regulatory regime within the UK.
Regulation tops agenda for new CEA president
The managing director of Generali Group has been elected president of the CEA.
Regulation tops agenda for new CEA president
The managing director of Generali Group has been elected president of the CEA.
Spotlight on Reputation: Battered but not broken
The insurance industry's reputation has taken a bit of a battering, as the whole of the financial services sector has endured customer scorn. David Haigh looks at what can be done to turn public perception around.
FSA refuses to back down over FSCS review timing
The Financial Services Authority has refused to commit to an April 2012 deadline for a review of the Financial Services Compensation Scheme, as it would be "counterproductive" to consult when changes to European insurance legislation are ongoing.
Motor Focus - Educating Policyholders: Education, education, education
Young motorists are unaware of how their driving behaviour affects the cost of cover. Nigel Bartram looks at what can be done to counter this.
Call for tougher regulation accepted by aggregators
The British Insurance Brokers' Association has called for rules governing electronic trading to be updated to keep pace with technological developments in the aggregator space.
Legal Update - Potholes: A hole in the argument
With Lambeth Council's redefinition of potholes, classifying them as shallower in nature, Hazel James warns of consequences that could occur following judgment in Wilkinson v City of York Council.