Regulation
Future market challenges: After the storm
Amid the unprecedented economic pressures and turbulence of recent years, the insurance industry has performed admirably. Now Mark Winlow urges companies to concentrate on the key catalysts for change and understand the consequences their responses will…
Debevoise & Plimpton advise Novae
Debevoise & Plimpton has advised Novae Insurance Company on the transfer of its insurance business and reserves to Lloyd's Syndicate 2007.
Debevoise & Plimpton advise Novae
Debevoise & Plimpton has advised Novae Insurance Company on the transfer of its insurance business and reserves to Lloyd's Syndicate 2007.
Anti-Jackson campaign group launches
A group of charities, law firms and victim support groups have formed an alliance in opposition to Lord Justice Jackson’s proposals for civil litigation cost reform.
London is "least risky" European city
London has come joint-third in a global study to find which cities have the lowest risk to recruit, employ and relocate employees.
London is "least risky" European city
London has come joint-third in a global study to find which cities have the lowest risk to recruit, employ and relocate employees.
BIS 2010: Rates to harden under SII
The implementation of Solvency II could lead to the return of a hard market, according to John Neal, chief underwriting officer, QBE European Operations.
Rethink: Rates caution as Monte Carlo approaches
Our monthly round-up of readers' opinions shows that rates are stable with little sign of imminent change as the market gears up for the Monte Carlo Rendezvous.
BIS 2010: SME insurers will "struggle" under Solvency II
Large diverse European insurers such as Generali, Axa, and Allianz should be the "big winners" under Solvency II, an ABI director has predicted.
BIS 2010: Actuaries can "charge what they want"
The Actuarial profession is undergoing a "Y2K moment" as the demand for skills increase under looming regulatory proposals, WNS Global has said.
Neal Bill opposition grows
Opposition to the bill proposed in the US congress by senator Richard Neal has continued to grow this month, with the CEA and German government both voicing opposition.
BIS 2010: XL head compares insurers to doctors who smoke
In highlighting the importance for clients to understand an insurers' risk, Nigel Bamber, XL Insurance head of client relationship management UK, asked today's British Insurance Summit: "Is the insurer like a doctor who smokes?"
BIS 2010: Baugh claims UK insurance industry lacks cohesive voice
The UK insurance industry may fail to get its voice heard at home and on an international stage because it is too “fractured”.
BIS 2010: Aviva CRO highlights Hodges role in promoting risk management
Aviva UK chief executive officer Mark Hodges made improving the firm’s risk management a top priority after taking up the role, according to the insurer’s group chief risk officer Robin Spencer.
BIS 2010: M&A activity predicted to increase as Solvency II takes hold
Pressures arising from compliance with Solvency II may instigate a wave of M&A activity, a panel of leading industry figures has predicted.
BIS 2010: Hiscox boss calls for break up of ABI
Bronek Masojada, the chief executive of Hiscox has called for a separate trade body to represent the interests of general insurance from those of the life and savings sector.
BIS 2010: Willis CEO warns that risks will need to be "recalibrated"
The insurance industry needs to ensure that it produces new products and services that are relevant to the new environment of corporate shocks and catastrophes.
BIS 2010: Aviva chief insists risk management message needs to be hammered home
Accountability for risk management is vital for companies to develop strong responses to emerging issues, according to Robin Spencer, chief risk officer at Aviva.
Ceiops welcomes Euro-super regulator news
The CESR, Committee of European Banking Supervisors, and Committee of European Insurance Occupational Pensions Supervisors have welcomed today’s decision of the European Parliament to endorse the EU financial supervision reform package.
Ceiops welcomes Euro-super regulator news
The CESR, Committee of European Banking Supervisors, and Committee of European Insurance Occupational Pensions Supervisors have welcomed today’s decision of the European Parliament to endorse the EU financial supervision reform package.
BIS 2010: XL head compares insurers to doctors who smoke
In highlighting the importance for clients to understand an insurers' risk, Nigel Bamber, XL Insurance head of client relationship management UK, asked today's British Insurance Summit: "Is the insurer like a doctor who smokes?"
BIS 2010: Fortis issues SII standard model warning
Fortis has warned insurers against using a standard formula to set capital requirements for Solvency II.
BIS 2010: Fortis issues SII standard model warning
Fortis has warned insurers against using a standard formula to set capital requirements for Solvency II.
Solicitors' PI: The road to reform
In recent times, the solicitors' professional indemnity market has been travelling a difficult path. Jane Bernstein examines the road ahead by taking a close look at proposed industry changes and the effect they may have.