Regulation
Hoban's role in new Treasury team confirmed
The new Chancellor of the Exchequer George Osborne has named his Treasury team.
Competition Commission: Point-of-sale PPI should be banned
The Competition Commission has provisionally decided that consumers will benefit from the introduction of a point-of-sale prohibition for all forms of payment protection insurance, with the exception of retail PPI.
Spelman named Defra secretary
Prime minister David Cameron has appointed Caroline Spelman as secretary of state for environment, food and rural affairs.
Exclusive Analysis on election
The new government is unlikely to sell off its shares in banks taken over in the financial crisis this year for fear of the consequences, according to Exclusive Analysis.
Post Magazine - 13 May 2010
Subscribers to Post can now read the latest edition online as a digital interative e-book.
Con-Libs: Bank of England regulatory plan to be brought forward
The coalition agreement announced today by the Conservatives and Liberal Democrats outlines plans to bring forward the objective of giving more power to the Bank of England. However, it makes no mention of the Financial Services Authority.
Cable to support Osborne in Treasury role
The Liberal Democrats deputy leader and Treasury spokesman Vince Cable has been given a business and banking position in the new coalition government headed up by new Prime Minister, Conservative leader David Cameron.
50 years ago: No need for legislation on bad drivers
Looking back through Post's back catalogue points a unique picture of more than 150 years of insurance news, as this story from 50 years ago reveals.
Comment: Everything to play for
Solvency II has created a cloud of uncertainty over captive insurance companies. Alan Fleming explains.
Solvency II fears
One third of UK insurers are not confident that the industry will be able to achieve compliance to the Solvency II rules by the 2012 European Union deadline.
New Jersey targets captive and reinsurance markets
New Jersey Insurance Commissioner Tom Considine has praised new legislation that would grow the reinsurance market and create a captive insurance market in the state.
PM Brown announces he will stand down
Gordon Brown has announced that he intends to stand down as Prime Minister and leader of the Labour Party by the time of the Labour Party Conference in the Autumn.
Business leaders call for swift election outcome
The Confederation of British Industry and the Federation of Small Businesses have called for a speedy resolution to the hung parliament.
Industry puzzled by EC Block Exemption changes
A seminar held at law firm Clyde and Co found that many insurers and brokers are unclear about what constitutes anti-competitive behaviour, following the recent changes to the EC’s Insurance Block Exemption Regulation, according to attendees at a seminar…
Biba awaits "challenges and opportunities" of hung parliament
The British Insurance Brokers’ Association said it will "be watching carefully" over the next few days to see which government is formed and details of the policies and individual appointments relevant to members and the wider industry.
Industry puzzled by EC Block Exemption changes
A seminar held at law firm Clyde and Co found that many insurers and brokers are unclear about what constitutes anti-competitive behaviour, following the recent changes to the EC’s Insurance Block Exemption Regulation, according to attendees at a seminar…
Claims Club News: Cutts: PI industry is at odds with access to justice
A conflict between access to justice and the so-called personal injury industry has sprung up according to Forum of Insurance Lawyers president Dan Cutts.
Claims Club News: RTA portal needs revamp
The road traffic accident portal, which went live last week, will need to be refreshed as early as the summer according to Fraser Fundell, chief executive of IDSL, the firm commissioned to manage the technology.
Editor's comment: Stop the text pests
Over the last fortnight it would appear that several people in the market, including myself, have been sent the same text message.
Biba 2010 Countdown: The Claims Perspective
The Biba conference is well known as a gathering place for UK insurers to court brokers. But what of those associated with claims? Post asked the bosses of a number of these firms what their hopes are for this year's event, continuing with Lee Sadowski,…
Amlin retains AM Best rating
AM Best has commented that the ratings of Amlin and its operating subsidiaries are unchanged.
Amlin retains AM Best rating
AM Best has commented that the ratings of Amlin and its operating subsidiaries are unchanged.
EC to delay Solvency II implementation to coincide with financial years
The European Commission is set to delay the implementation of the Solvency II directive by two months for accounting purposes.
EC to delay Solvency II implementation to coincide with financial years
The European Commission is set to delay the implementation of the Solvency II directive by two months for accounting purposes.