Regulation
Post Magazine - 29 July 2010
The latest issue of Post magazine is now available to subscribers as a digital interactive e-book.
Consolidation - global brokers: Too big for their boots?
The creation of the global broker in the 1980s resulted in a dominant few. David Trezies asks whether this consolidation has produced any tangible benefits for clients.
Postbox: Is CII right to lead professionalism drive?
My colleagues and I have been discussing the Aldermanbury Declaration and the current media coverage that Post has been part of.
View from the top: Time to fight our corner
In my last View from the Top, I wrote about preparing for a new government and how it would be important for the industry to have an open and effective relationship with it regardless of the result of the general election.
BIS countdown - Sean McGovern interview: Getting to grips with government
Lloyd's general counsel Sean McGovern talks to Jonathan Swift about the incoming Solvency II directive and his role building relationships with the new government.
The claimant's view: a sledgehammer to crack a tabloid nut
On 15 July, David Frost, director general of the British Chambers of Commerce, told a joint meeting with the Trades Union Congress — entitled 'Is Deregulation Dead?' — that his members are generally happy with and understand health and safety regulations…
Government accused of 'self interest' over Jackson
Legal expenses insurers have accused the government of serving its own interests following its decision to discuss the implementation of the Jackson Review this autumn.
Insurers concerned over double regulatory burden
The lack of detail concerning the regulation of the Lloyd's market could mean insurers there have more influence than others over the eventual shape of their replacement regime for the Financial Services Authority.
CEA submits statement
The CEA has submitted a written statement to the US House of Representatives Subcommittee to express its concerns over proposals to change the US tax treatment of reinsurance between affiliated entities.
BIS countdown - Sean McGovern interview: Getting to grips with government
Lloyd's general counsel Sean McGovern talks to Jonathan Swift about the incoming Solvency II directive and his role building relationships with the new government.
Beachcroft warns of cost of reform
Dan Preddy, financial services litigation partner at Beachcroft, has responded to publication of the Treasury consultation paper on financial services regulation.
CEA voices concerns over Neal Bill
The CEA has submitted a written statement to the US House of Representatives Subcommittee to express its concerns over proposals to change the US tax treatment of reinsurance between affiliated entities
CEA voices concerns over Neal Bill
The CEA has submitted a written statement to the US House of Representatives Subcommittee to express its concerns over proposals to change the US tax treatment of reinsurance between affiliated entities
New financial regulation "will benefit all"
The Association of British Insurers' director of financial regulation and taxation, Peter Vipond, has spoken out in response to today’s Treasury consultation.
Government calls for higher lending
Vince Cable and George Osborne have launched a paper aimed at addressing the problems businesses face accessing finance.
Public interest must not be lost in pace of reform, warns CII
The Chartered Insurance Institute has responded to the government's consultative blueprint to withdraw the financial services regulatory structure.
FSA overhaul pencilled for Q1 2011
The Financial Services Authority expects to move to separate conduct and prudential regulation in shadow form in the first quarter of next year.
The Reinsurance Power List 2010: Who's the daddy?
After the usual team debates, tears and tantrums, once again the Reinsurance team presents its annual Power List. We give you our opinions on who is hot and who is not in the reinsurance world and why they are a force to be reckoned with
Run-off: Putting the pieces in place
Having an in-depth plan to implement a solvent scheme is just one part of a complex process that also includes convincing the stakeholders and the courts that to do so is a good idea, writes Daniel Schwarzmann
News analysis: Death knell sounds for the FSA
The Chancellor of the Exchequer has announced a radical shake-up of UK financial regulation, dispensing with the current watchdog by 2012, writes Katherine Blackler
News analysis: US reforms herald federal sector regulator
After a marathon 20-hour debate, the US Congress passed an amended version of the Dodd-Frank Bill that includes measures to create a federal insurance regulator. Katherine Blackler investigates
Hanks confirmed as CII president
Chris Hanks has been formally elected president of the Chartered Insurance Institute at its annual general meeting held in London on 21 July 2010.
FSCS says two thirds of £204m payouts are for PPI
In its annual report and accounts for 2009/10, published today (22 July), the Financial Services Compensation Scheme reports that it has paid more than £204m in compensation to over 21 000 claimants.
75 Northern Irish Quinn jobs saved
The Northern Ireland Executive has welcomed an announcement that 75 planned redundancies at Quinn Insurance in Enniskillen will not now be implemented.