Regulation
Geneva Association: Insurers not a systemic risk
Insurers and reinsurers do not carry the systemic risks of other financial intuitions, insurance think tank Geneva Association has claimed in its latest report.
Geneva Association: Insurers not a systemic risk
Insurers and reinsurers do not carry the systemic risks of other financial intuitions, insurance think tank Geneva Association has claimed in its latest report.
FSA fires warning letter to brokers
The Financial Services Authority has reminded insurance intermediary firms that they must have adequate financial resources at all times.
ABI backs government asbestos plans
The Association of British Insurers has backed Justice Secretary Jack Straw’s package of measures for people with asbestos-related diseases.
Towers Watson warns against Solvency II recruitment reliance
Professional services company Towers Watson has warned insurers against on an over-reliance on recruitment if they are to convince the Financial Services Authority they are making progress towards Solvency II compliance.
Towers Watson warns against Solvency II recruitment reliance
Professional services company Towers Watson has warned insurers against on an over-reliance on recruitment if they are to convince the Financial Services Authority they are making progress towards Solvency II compliance.
Thompsons' mixed reaction to government's asbestos decision
Thompsons Solicitors has expressed disappointment at the decision not to restore compensation for people with pleural plaques in England & Wales.
Asbestos bill reaches Lords committee stage
Baroness Quin’s private members Asbestos Bill – calling for the reinstatement of damages for asbestos-related pleural plaques – will reach the committee stage at the House of Lords next month.
In Series - Solvency II: A clear roadmap
Insurers need to now up the momentum in their design and implementation efforts for Solvency II, urges Stephen Lucas.
In Series - Solvency II: Stretching for the summit
Preparing for Solvency IIis turning out to be a much bigger challenge than many initially anticipated. Sam Barrett reports on what companies are doing to scale up in time.
Postbox - Rate increase charades
The logic of the recent rating announcements from AA Insurance, Zurich et al ticks all the right boxes for shareholders but lacks any credibility, given how insurers still have so many areas where the figures on rate increases bear no relevance to the…
Election 2010: Interview - Mark Hoban MP, Conservative
If the Conservative Party regains power at the 2010 elections, the insurance industry can expect to see a massive shake-up. In the first of Post's six-part profile of all the major parties Stephanie Denton talks to MP Mark Hoban, shadow minister for the…
MoJ defends itself over claims of "done deal"
The Ministry of Justice has defended its decision to shorten the response time for its defamation costs consultation paper after the Legal Expenses Insurance Group hit out at the "arbitrary reduction" last week.
Biba warns brokers on data loss concerns
The British Insurance Brokers' Association has warned brokers after the government stepped up plans to impose heavy fines for data security breaches.
44% in the dark on corporate manslaughter
A SURVEY by Allianz of brokers' awareness of the Corporate Manslaughter Act has revealed 44% are unaware of the penalties it proposes.
Barrie & Hibbert seal Dexia Insurance ESG deal
Belgian company Dexia Insurance has appointed Barrie & Hibbert to provide an Economic Scenario Generator to assist in its Solvency II compliance and MCEV calculations.
Barrie & Hibbert seal Dexia Insurance ESG deal
Belgian company Dexia Insurance has appointed Barrie & Hibbert to provide an Economic Scenario Generator to assist in its Solvency II compliance and MCEV calculations.
IIABNY to take legal action
The Independent Insurance Agents & Brokers of New York announced that it will proceed with legal action to stop contingent charges legislation from taking effect.
UBS, Goldman said to get AIA IPO roles
Investment banking giants UBS and Goldman Sachs have been appointed joint bookrunners for the IPO of AIG's life unit, AIA, the Financial Times has reported.
Commercial landlords warned over environmental liability
Cowens claims they could face claims for damages and be subjected to action from regulatory bodies for failing to address environmental safety, even if it is a tenant who is at fault.
New US health bill will regulate health insurers
Barack Obama's new health bill will regulate health insurers but seek to be more moderate in a number of other ways.
RDT opens Halifax office
Insurance administration specialists RDT has opened a new office in Halifax after a 50% surge in revenues.
Allianz will not renew business in Iran
Hannover Re also says that it conducts reinsurance treaty business in the region but will only continue to do so if it complies strictly with United Nations and European Union sanctions
Allianz will not renew business in Iran
Hannover Re also says that it conducts reinsurance treaty business in the region but will only continue to do so if it complies strictly with United Nations and European Union sanctions