Regulation
CMS Cameron McKenna: FSA “punishing” PPI market
Law firm CMS Cameron McKenna has responded angrily to the FSA’s policy announcement on the PPI market.
FSA outlines tough stance on PPI market
The Financial Services Authority has published a policy statement confirming a package of measures to protect consumers in the Payment Protection Insurance market.
Law report: Court supports judge over fire fine for regulatory failures
This law report has been contributed by national law firm Berrymans Lace Mawer.
View from the top: Singing from same sheet
Despite being an industry that is not short of executives with opinion, and whose job is to take a view on risk, insurance collectively is a 'shrinking violet' — with no body or mechanism whose job it is to speak out on behalf of the industry.
BIS countdown - Douglas Williams: Speaking economically
With a track record in successfully predicting the economy, Douglas McWilliams gives Jonathan Swift his current forecast.
News analysis - accounting changes: A new standard
Afer a decade of delay, a truly international accounting standard for insurance contracts appears to be taking shape. Neil Coulson details the latest developments.
BIS countdown - Douglas Williams: Speaking economically
With a track record in successfully predicting the economy, Douglas McWilliams gives Jonathan Swift his current forecast.
FSA staff resignations rise 128%
There has been a 128% leap in the number of staff resigning from the Financial Services Authority in one year as the government proposes to abolish the regulator, according to Reynolds Porter Chamberlain.
IUA welcomes US financial services reform
The International Underwriting Association of London has stated new US legislation will help London Market companies writing surplus lines business.
Flood risk budget is slashed
The Environment Agency's budget for flood and coastal risk management has been slashed by £30m, following the government's plans to cut public spending by £6bn.
Postscript - 10 years ago: Aggressive start to new solicitors' PI
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Rome II: Together in harmony?
Rome II aimed to simplify the way cross-border claims were dealt with. Paula Jefferson and Catherine Fox examine why it hasn't quite had the effect intended, with even the timing of the legislation being questioned.
Broker focus - exit options: Feathering the nest
Finding a favourable exit during the economic downturn has proved tricky for broker owners. Leigh Jackson reports on how the tide may be turning for those looking to sell.
Postbox: Nick and Tom in agreement?
It is a pleasure to be able to write 'I agree with Tom [Jones, Thompsons partner]'
Insurers urged to join IASB debate
European insurers have been urged to keep down their own costs by implementing the long-awaited International Accounting Standards Board's common reporting framework into their Solvency II plans.
PWC raids FSA for Solvency II expert in recruitment drive
Pricewaterhouse Coopers has made a number of changes to its UK insurance group, including new hires, new partner promotions and internal moves.
FSA fines RBS £5.6m
The Financial Services Authority has fined members of the Royal Bank of Scotland Group £5.6m for failing to have adequate systems and controls in place to prevent breaches of UK financial sanctions.
PWC raids FSA for Solvency II expert in recruitment drive
Pricewaterhouse Coopers has made a number of changes to its UK insurance group, including new hires, new partner promotions and internal moves.
Plaques compensation scheme opens
The government’s pleural plaques former claimants payment scheme has opened for applications today.
Insurance exports hit a new high according to The City UK report
Net UK insurance exports reached a record £8.3bn in 2009 according to a new report.
Insurance exports hit a new high according to The City UK report
Net UK insurance exports reached a record £8.3bn in 2009 according to a new report.
Markerstudy fraud investigator joins IFIG board
Markerstudy’s Andrew Davies has been named as a board member of the Insurance Fraud Investigators Group (IFIG).
FSA manager joins KPMG
KPMG in the UK has recruited Paul Brenchley from the FSA as a director in its insurance risk team within the risk and compliance advisory practice.
FSA manager joins KPMG
KPMG in the UK has recruited Paul Brenchley from the FSA as a director in its insurance risk team within the risk and compliance advisory practice.