Regulation
Capital reserve rethink on industry agenda
The demand of Solvency II for companies to hold greater capital reserves will apply to some, though not all, in the industry, leaving many to consider the new requirements very carefully, writes Henry Keeling
Diabetes & Dangerous driving: Motor functions
With the number of people in the UK being diagnosed with diabetes increasing dramatically, Ian Bridge says insurers should alert their motor customers to be more aware of the legal implications.
Environmental liability update: Small impact?
With the Environmental Liability Directive finally becoming law in the UK last March, Alan Dobson examines whether its effect has been as hard hitting as predicted.
Solvency II: warning over capital requirement
Insurers could face an average solvency capital requirement increase of more than 60% compared to previous expectations as a result of new Solvency II proposals, EMB has warned.
Industry welcomes exception in Equality Bill
The insurance industry has welcomed a decision to allow insurers to continue using age as a risk factor in setting premiums.
Hoban pledges 'dedicated' resource for insurance
The Conservative Party has attempted to allay the insurance industry's fears that it will be tarred with the same brush as banks, if the party comes to power this year and scraps the current regulator, by promising 'dedicated resources' to the sector.
Aviva's new GI boss lambasts UK ambulance-chasing culture
In his first full interview David McMillan tells Post he will take up the issue with the Association of British Insurers.
SFO to take no action against Madoff UK arm
The Serious Fraud Office has completed its investigation into Madoff Securities International, the UK arm of Bernard Madoff's investment scheme, and has found insufficient evidence to take action against the firm.
CEIOPS agrees to co-operate closer with Swiss regulator
Members have also decided the Swiss supervisory regime of reinsurance undertakings equivalent to that applying to EU reinsurers.
CEIOPS agrees to co-operate closer with Swiss regulator
Members have also decided the Swiss supervisory regime of reinsurance undertakings equivalent to that applying to EU reinsurers.
US commercial insurance buyers take issue with Obama's budget blueprint
The Risk and Insurance Management Society, expressed its deep concern with plan to reduce or elminate the federal underpinnings of terrorism insurance.
Obama aims to eliminate terrorism subsidy for insurers
Barack Obama has proposed eliminating insurers' terrorism subsidy in his 2011 Budget.
Osborne outlines UK recovery plan
Shadow Chancellor details the eight benchmarks against which it hopes its success to be judged if it wins the upcoming election.
Osborne outlines UK recovery plan
Shadow Chancellor details the eight benchmarks against which it hopes its success to be judged if it wins the upcoming election.
Environment Agency backs new flood test centre
Simulator aims to recreate the devastating effects of a flood to test products designed to defend homes, businesses and people.
OFT considers Marsh and HSBC deal
The Office of Fair Trading has issued an invitation to interested third parties to comment on Marsh's planned takeover of HSBC Insurance Brokers.
US projected to fall to $1.56trn deficit
The United States will project on Monday that it is budgeting for a $1.56trn deficit for 2011, reports have said.
Scottish Lion decision "not the end"
Today’s decision by the Inner Court of Session, which found in favour of Scottish Lion, is by no means the end of the matter, according to law firm Elborne Mitchell.
Scottish Lion ruling overturned
PwC partner Dan Schwarzmann "delighted" by outcome as the Scottish Lion ruling is overturned.
FSA to publish insurer complaint figures in August
The Financial Services Authority has today confirmed that it will require firms to publish information on how they handle complaints, to help people see how firms are performing in this important area and to drive up complaints handling standards across…
FSCS appoints new chief executive
The Financial Services Compensation Scheme has appointed Mark Neale as its new chief executive
Gen Re health business opens in Japan
Gen Re—one of Berkshire Hathaway's reinsurance arms—is opening a branch office for its life and health reinsurance business in Tokyo.