Regulation
Postbox - Arag: Lord Young's missed opportunities
Lord Young's comments on compensation culture continue to baffle many in the industry as well as the public who stand to be affected by changes to the civil justice system.
Zurich director: Lord Young report needs further discussions
The insurance industry needs to work with Lord Young of Graffham to make sure his proposed health & safety code of practice is not too complex and prescriptive, according to a senior insurance figure.
Motor - uninsured driving: Driving through changes
Imminent implementation of the continuous insurance enforcement scheme will boost the battle against uninsured drivers. But every effort must be made to get law-abiding motorists onside, warns Malcolm Etchells.
View from the top: Kick start from Solvency II
For an increasing number of people in the UK general insurance industry, Solvency II is already a significant issue.
Round table - SMEs & charities: Here to inform and educate
The SME and charity sectors have been widely courted by brokers and insurers in recent years. However, questions still persist about whether these customers are having their needs properly met. With this in mind Post gathered together some industry…
Regulation - Life after the FSA: New beginnings
With the coalition government now set to see through its promise to abolish the FSA, Leigh Jackson reports on the possible consequences for the broking sector.
KPMG welcomes Solvency II equivalence transitional measures
KPMG today welcomed the announcement by Karel van Hulle, head of insurance and pensions unit at the European Commission, of transitional measures under Solvency II’s equivalence, claiming the arrangements will be welcome news to insurance groups.
KPMG welcomes Solvency II equivalence transitional measures
KPMG today welcomed the announcement by Karel van Hulle, head of insurance and pensions unit at the European Commission, of transitional measures under Solvency II’s equivalence, claiming the arrangements will be welcome news to insurance groups.
Post in print - 28 October 2010
Senior reporter Dan Dunkley outlines the main news from this week's issue of Post.
Jackson proposals to "restore balance" in negligence claims
The costs of settling clinical negligence claims have spiralled in the last 30 years with average claimants’ legal costs increasing by three times the rate of inflation since 1981, according to the Medical Defence Union.
Co-operative snubbed by Resolution and Phoenix in £18bn life arm sale
The Cooperative Group is considering selling its life insurance business following last year's merger with Britannia, according to reports.
“No firm ideas” from consultation paper on financial regulation
The Institute of Insurance Brokers has responded to HM Treasury’s consultation paper ‘A new approach to financial regulation’.
View from the top: Time for a reality check
Operating efficiently and profitably in a recession certainly focuses the mind as most of us are all too well aware. The characteristics of this recession for the commercial insurance market are, perhaps, different compared with previous downturns.
Lockton aims for 1 December move to LLP
Lockton International has set itself a 1 December deadline to complete its transformation to a limited liability partnership after the move received regulatory approval.
In Series: Professionalism & CPD: Underscoring excellence
Professionalism has always been strong in the London market. Adrian Ballardie explains why it is now being reinvigorated.
Law report: Regulations are starting point for assessing liability — not conduct
This law report has been contributed by national law firm Berrymans Lace Mawer.
2012 deadline for review could be linked to London Games
The ambitious 2012 deadline for the implementation of Lord Young of Graffham's recommendations regarding health & safety rules could have been set as a way to encourage volunteering during the London Olympic Games.
Spending Review 2010: AA disappointed with flood spend
AA Insurance has revealed its concerns over the government’s decision to reduce its flood defence spending.
Spending Review 2010: Local authority funding cut 28%
Chancellor George Osborne has cut local government funding by 28% over the next four years but has vowed to give councils more financial control.
Spending Review 2010: MoJ budget cut to £7bn
The Ministry of Justice will have its budget slashed from £8.3bn to £7bn by 2014/15 under the government’s spending review.
Spending Review 2010: Government to cut flood defence spend
The government has outlined plans to improve flood defences for around 145 000 households but will cut spend to £2bn.
Spending Review 2010: Osborne pledges to “extract the maximum” tax from financial services
Chancellor George Osborne has vowed that the financial services sector is taxed more efficiently – starting with a permanent levy on banks.
PwC urges insurers to seek SII competitive edge
PricewaterhouseCoopers has called on insurers to take advantage of any competitive advantages which may be created by the Solvency II directive.
PwC urges insurers to seek SII competitive edge
PricewaterhouseCoopers has called on insurers to take advantage of any competitive advantages which may be created by the Solvency II directive.