Regulation
OSG scoops up claims contract for Crossrail
OSG Miller International has won the contract to administer the small claims scheme for the multi-bi...
Access to justice
Jackson Review: ATE Insurance
Safe and secure?
Insurer Security
Insurance disputes rocket
Insurance disputes have rocketed by 84%, according to Financial Ombudsman Service figures. During f...
Brokers applaud FSA U-turn on 20% fee hike
Broker trade bodies have welcomed a Financial Services Authority decision to slash fee increases for...
Regulators must not take one size fits all approach, says ABI
Regulators and governments must not harm other industries, such as insurance, as they deal with the banking crisis, warns the Association of British Insurers today.
Broker Miller unveils new 20 strong team
Independent London market broker Miller has expanded into facultative reinsurance.
CEA argues for full renewal of the Insurance BER
The CEA, the European insurance and reinsurance federation, has stated that all four areas currently exempted by the Block Exemption Regulation need to be renewed when the current BER expires in 2010.
Biba hails FSA decision on regulatory fees
The British Insurance Brokers' Association (Biba) claimed a victory when the Financial Services Authority (FSA) issued a policy statement setting out its final decision on the level of regulatory fees and levies for the 2009-2010 financial year.
Biba hails victory as FSA backtracks
The British Insurance Brokers' Association today claimed a victory when the Financial Services Authority issued a policy statement setting out its final decision on the level of regulatory fees and levies for the 2009-2010 financial year. It shows that a…
AMII and AMI respond to FSA’s policy statement
The Association of Independent Financial Advisers (AIFA) and the Association of Mortgage Intermediaries have welcomed the Financial Services Authority's (FSA) Policy Statement finalising FSA regulatory fees for 2009/10 which will reduce the level of fees…
FSA adviser fees only rise by 5%
Regulatory levies for most IFA firms will rise by 4.8% in 2009/10 but this is well down on an anticipated 15% hike, the FSA confirmed today. The rise in fees faced by advisers is still higher than that for mortgage brokers, despite major problems in the…
Renaissance Re launches new Bermudian entity
RenaissanceRe, the Bermudian (re)insurer, said it has formed and funded a new Bermudian reinsuarance company, called Timicuan Reinsurance II.
Amlin appoints marine hull leader
Amlin plc, the Lloyd's (re)insurer, has appointed Iain Henstridge as LeadingClass Underwriter to head up the Marine Hull account previously led by Simon Beale.
FSA pays out £20m in bonuses
The Financial Services Authority has dished out almost £20m in bonuses - a 40% increase on the previous year.
KPMG recruits new insurance solutions director
KPMG has appointed Karen Newbury as a director in its restructuring insurance solutions practice.
Senior Catlin marine underwriter defects to Amlin
Amlin has appointed Iain Henstridge as leading class underwriter to head up the marine hull account previously led by Simon Beale. The Lloyd's insurer said the appointment will allow Simon to devote himself fully to his responsibilities as underwriting…
Equitas solution for Lloyd's Names
Equitas has confirmed plans for the final step toward achieving its objective of delivering finality...
The Hartford finds help
The US Treasury has given struggling US giant The Hartford permission to participate in the Treasury...
Swiss Re warns over Solvency II formula
Reinsurance giant Swiss Re, which has published a series of recommendations on dealing with the impe...
Munich Re quarters fall 45%
German reinsurance giant Munich Re recorded a fall in first quarter profits by 45% to EUR420m ($588m...
IIB warns mandatory disclosure still a threat
The Institute of Insurance Brokers (IIB) has warned that brokers need to take action despite the threat of compulsory commission disclosure having receded.
Security concerns over working in bed are raised
Employees that find there are not enough hours in the day are resorting to taking their laptops to b...
RBSI specialist questions lack of agreement on care
Catastophic Personal Injury Briefing