Regulation
Legal costs "gravy train" costing UK consumers £2.7m every day
The Association of British insurers has said that it is time to put the “brakes on the legal costs gravy train” that is costing UK consumers £2.7m every day.
Government "failing to see bigger picture" on justice reform
President of the Association of Personal Injury Lawyers, Muiris Lyons, is set to announce that the reforms of the civil justice system which focus on costs, fail to consider the “bigger picture” for injured people.
Hiscox accuses claimant law firms of "manipulating" legal costs
Hiscox has accused some claimant law firms of “manipulating and inflating costs" in defamation and privacy cases.
Firm issues capital allowance advice
Insurance brokers’ clients with commercial properties could be missing out on millions of pounds in capital allowances, according to Portal Tax Claims.
Amlin boss warns insurers could quit UK over Solvency II "gold plating"
Amlin chief executive Charles Philipps has warned his firm could relocate overseas because of Solvency II.
Amlin boss warns insurers could quit UK over Solvency II "gold plating"
Amlin chief executive Charles Philipps has warned his firm could relocate overseas because of Solvency II.
Exclusive regulation and D&O content now available on Post Europe
Post Europe’s weekly update is now live with articles looking at Guernsey’s need to declare it would not be seeking Solvency II equivalency; and a View from the Top which says challenges in the European directors’ and officers’ markets are formidable.
Exclusive regulation and D&O content now available
Insurance Insight’s weekly update is now live with articles looking at Guernsey’s need to declare it would not be seeking Solvency II equivalency; and a View from the Top which says challenges in the European directors’ and officers’ markets are…
Guernsey’s independence
Guernsey recently made it quite clear it would not be seeking equivalence under Solvency II. Dominic Wheatley examines why the authorities there felt the need to make this declaration and what it means for insurers and captives there.
Post Europe: Guernsey’s independence
Guernsey recently made it quite clear it would not be seeking equivalence under Solvency II. Dominic Wheatley examines why the authorities there felt the need to make this declaration and what it means for insurers and captives there.
Financial ombudsman reveals sharp rise in PPI complaints
The Financial Ombudsman Service has revealed that payment protection insurance complaints rose to 24 955 for the period October to December 2010, up 17% from the previous three months.
Jackson Report: LEIG publishes response
The Legal Expenses Insurance Group has claimed that there is only the “perception” of a compensation culture in its response to the Jackson Report.
Medical intermediaries condemn 57% rise in FSCS fees
The Association of Medical Insurance Intermediaries has condemned the proposed 57% increase in this year’s Financial Services Compensation Scheme levy as "unfair, excessive and totally inappropriate".
Beazley targets M&A in the wake of Solvency II
Beazley expects to reap "significant benefits" from merger & acquisition opportunities presented by Solvency II, if the new rules prove difficult to implement for some insurers.
In series - Geogaphy & Solvency II: National geographical risks
With 80% of business data having a geographical element, Sarah Adams looks at the way this insurers can improve their data.
Claims Club news: Ombudsman relying on third parties as caseload increases
The Financial Ombudsman Service is making increasing use of outsourcing as it battles to keep up with the volume of cases it has to deal with, especially in the payment protection sector.
APPG - 20 years in force: Representation for the industry
With its 20th anniversary just passed, David Worsfold looks at the success of the All Party Parliamentary Group on Insurance & Financial Services, detailing some key highlights from two decades of debate.
In series - Georgraphy & Solvency II: A new way of looking
A better understanding and quantification of risk portfolios will be provided by Solvency II. Sam Barrett assesses the benefits and potential pitfalls.
Insurer refuses to accept ABI's 'nightmare' gender ruling guidance
One of the UK's largest specialist female insurers has scoffed at the Association of British Insurers' suggestion that it could potentially have to re-underwrite its whole book following the European Court of Justice's gender verdict due on 1 March.
US insurers 'irritated' by equivalency scheme
Some US-based insurers find plans to align more closely with their European counterparts under the Solvency II equivalency scheme 'irritating'.
Corporate bond market to "triumph"
Legal & General has advised investors to keep an eye on the corporate bond market in 2011.
Corporate bond market to "triumph"
Legal & General has advised investors to keep an eye on the corporate bond market in 2011.
Post Magazine – 10 February 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Banks pledge to lend more to SMEs
The government has welcomed a commitment by the UK's largest banks on lending expectations and capacity.