Regulation
RSA recruits former Benfield legal chief
RSA has today announced the appointment of Derek Walsh as its new general counsel.
Lloyd's faces 12 month Chinese deadline admits CIO
Lloyd’s has been set a testing 12 month deadline by the Chinese authorities to establish its underwriting platform.
New Indian insurer receives licence
Indian engineering giant Larsen & Toubro’s new general insurance company is due to start operations after receiving a licence from the regulatory authority for commencing its business operations.
Experian reveals drop in insolvencies
The latest Insolvency Index by Experian, has revealed a year-on-year decline in business insolvencies during June.
Insurance industry urged to take up the professionalism challenge
The insurance industry was challenged to embrace professionalism, and in particular to embrace the Aldermanbury Declaration at the British Insurance Awards 2010 last week.
Fitch: QIS5 unlikley to impact insurer ratings
Fitch Ratings said today that the final quantitative impact study QIS5 specifications do not materially alter Fitch's view on the likely impact of Solvency II on its insurance ratings.
Lloyd's welcomes US bill as step towards Solvency II harmonisation
Lloyd's welcomed the passage of the Dodd-Frank financial reform bill through the Senate yesterday.
SRA confirms tough new stance on Assigned Risks Pool
The board of the Solicitors’ Regulation Authority has approved a strategy for the enhanced control of the Assigned Risks Pool that provides indemnity for solicitors’ firms that struggle to obtain insurance in the market.
Fitch: QIS5 unlikley to impact insurer ratings
Fitch Ratings said today that the final quantitative impact study QIS5 specifications do not materially alter Fitch's view on the likely impact of Solvency II on its insurance ratings.
Lloyd's welcomes US bill as step towards Solvency II harmonisation
Lloyd's welcomed the passage of the Dodd-Frank financial reform bill through the Senate yesterday.
Craig back in the ABI hotseat as Kelly departure confirmed
The Association of British Insurers has confirmed that Kerrie Kelly is stepping down from her role as director general to return to Australia for personal reasons.
Craig back in the ABI hotseat as Kelly departure confirmed
The Association of British Insurers has confirmed that Kerrie Kelly is stepping down from her role as director general to return to Australia for personal reasons.
ABI remains tight-lipped on Kelly departure
The Association of British Insurers has refused to comment on speculation that director general Kerrie Kelly is set to leave her post after just six months.
KPMG unsurprised by US omission in Solvency II project
KPMG has welcomed Ceiops draft advice (Consultation Paper 81), published yesterday, on which jurisdictions’ regulatory regimes are to be considered within the first wave of Solvency II equivalence assessments.
KPMG unsurprised by US omission in Solvency II project
KPMG has welcomed Ceiops draft advice (Consultation Paper 81), published yesterday, on which jurisdictions’ regulatory regimes are to be considered within the first wave of Solvency II equivalence assessments.
Neal bill debated by lawmakers but a vote is still far away
The controversial reinsurance bill targeting the 'Bermuda loophole' is advancing slowly but Congress is unlikely to move quickly on the controversial tax legislation.
British Insurance Awards 2010: Be the best that you can
Professionalism is the key to a successful industry, Ant Gould tells the great and good at the BIA.
Postscript - 5 years ago: Lord Hunt attacks FSA at BIA
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight form 5 years ago reveals.
British Insurance Awards 2010: Sun never sets on West
MIB chief executive Ashton West has been a tireless leader of moves to embrace rehabilitation and tackle the twin issues of fraud and uninsured drivers, writes Ant Gould.
RIMS fights foreign insurer tax hike
The Risk and Insurance Management Society has pledged to continue its opposition to legislation that would increase taxes on foreign-based insurance companies.
New regulator could result in Euro tied agent model
The increased focus on policyholders by the incoming regulator The Consumer Protection Agency could lead to a greater infiltration of the European tied agent model in the UK, according to Higos Insurance Services managing director Ian Gosden.
Credit hire malpractice high
An investigation by the Brownsword Group has uncovered high levels of malpractice within the credit hire industry.
Fraudsters banned from financial services
Three men involved in a scam to defraud Markel and QBE of millions of pounds have been banned from working in financial services.
EC proposals 'unnecessary'
CMS Cameron McKenna has responded to the European Commission's proposals for insurance guarantee schemes that could lead to the break-up of the the Financial Services Compensation Scheme.