Regulation
Marsh urges chemical companies to comply with EU regulations
Marsh has warned of the risk and insurance implications of failing to adhere to the European Unions's Registration, Evaluation and Authorisation of Chemicals framework.
Foreign profits taxation changes could lead to uncertainty for some insurers - E&Y
The exemption of the foreign dividend income tax changes announced in this week's Pre Budget Report (PBR) will impact many insurance groups carrying out business in the UK, according to Ernst & Young. And this could lead to uncertainty for year end…
New piracy policy from Aon aims to fill market gap
Aon has written a new policy for charterers, ship-owners and cargo owners to cover loss of earnings from piracy. The insurer sais the recent increase in pirate attacks has revealed a gap in the available coverage for this market.
UK insurance buyers agree reservation rights position with insurers
UK risk management body Airmic has agreed a Statement of Principles in relation to reservation of rights following talks with its insurer partners.
Bank of England cuts its interest rate to 2%
The Bank of England has today cut its interest rate from 3% to 2%.
Aon targets pirate activity
Aon has launched a new insurance policy for charterers, shipowners and cargo owners to cover loss of earnings from a ship being detained by pirates, the company announced today.
IRM launches online training courses for 2009
The Institute of Risk Management is offering a series of specialist courses on risk management. The...
Crawford first to trial CII's new SII programme
Crawford & Company has become the first company to pilot the Chartered Insurance Institute's service...
The sound barrier
Deafness claims: The Long-Term Prognosis
Valued relationships to get through tough times
While all the indicators suggest that we are on the verge of a hard insurance market, there is littl...
Looking back
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance ne...
Solvency II vote slammed by frustrated MEP Skinner
Further disruption to the future of the Solvency II directive is expected after the European Council...
Consolidate with destiny
Comment: what next for consolidators?
FSA set to back Biba commission disclosure proposal
According to market sources the Financial Services Authority is set to back the existing British Insurance Brokers' Association proposal over commission disclosure which asks brokers to make clear in the TOBA that they can ask the size of the commission.
Canada Life announces changes to its Group Life product
Canada Life Group Insurance has announced improvements to its group life product by increasing its free cover level (FCL) maximum to £1.25m from £1m (sum assured per member).
CEA responds to Solvency II Council decision
The CEA, the European insurance and reinsurance federation, has called for open and constructive discussions between the Council, the European Parliament and the European Commission to try to reach agreement on a common text of the Solvency II Framework…
Solvency II framework directive pushed through; ABI disappointed
The Association of British Insurers has expressed its disappointment at today's quick decision in the ECOFIN council to push through the Solvency II framework directive with no debate.
Sompo reports 56.3% in H1 net income
(BestWire) - Japanese insurer Sompo Japan Insurance Inc. reported a 56.3% drop in net income to 22.74bn yen (€186.7m) for the six months ended September 30.
Credit crunch or solvency stricture?
Will the recent financial turmoil lead to widespread insolvencies or just local restructuring in the UK, asks Christian Wells
The perfect storm
Run off
Big in Japan
Japan
Law Assist launches new product
Law Assist, a subsidiary of DAS Legal Expenses Insurance, has enhanced its product range with the addition of Law Assist Litigation Insurance.
DAS appoints ex-Hibernian chief as non-executive director
DAS Legal Expenses Insurance Company has appointed a new chairman and two new members to its board including former Hibernian chief Bryan Jenkins as non-executive director.
Ace survey highlights regulation concerns
Managing regulatory risk has emerged as one of the most pressing concerns among global business lead...