Regulation
Brent loses LAM High Court battle
Brent council has lost the second part of its battle against Risk Management Partners to channel insurance through a mutual set up for London councils.
No widespread downgrades of US life/P&C insurers - Moody's
Moody's has said that there won’t be a widespread downgrades of US life and property & casualty insurers despite various companies reporting “meaningful” increases in both realized and unrealized losses in their fixed income investments in the first…
'Unrealistic' stance complicates mediation
The claim (pleaded at £87.8m) was brought by the trustees of the Malmesbury Estate (the claimants) a...
Lane Clark expansion
Lane Clark and Peacock has announced a merger with HLD Actuarial Consultants to create Lane Clark an...
ABI renews flood bill call
The Association of British Insurers has renewed its call for a floods bill following the publication...
Beyond reasonable doubt
Commission disclosure
In with the audit crowd
Professions Report
FSA delays complaints paper
THE Financial Services Authority has delayed the publication of a discussion paper on regulatory tra...
Court to reveal LAM ruling
A High Court judgment related to the procurement of London Authorities Mutual services is expected t...
ABI says legislation is needed to tackle flooding
The Association of British Insurers has welcolmed today’s announcement in the draft Queen’s Speech that the government plans to consult on a draft floods and water bill, following publication of the Pitt Review into last summer’s floods.
ABI announces full line up of speakers for its 2008 SOLVENCY II conference
The ABI (Association of British Insurers) has confirmed the full line up of speakers for its 2008 Solvency II Conference, ‘Shaping World Class Regulation’, held in association with Towers Perrin. It will take place on 10 June at the Marriott, Grosvenor…
EU and US trade bodies call for transatlantic free market
Trade bodies, the European Insurance and Reinsurance federation (CEA) and the American Council of Life Insurers have issued a joint call for a bilateral US and EU forum on insurance and reinsurance issues.
Lane Clark and Peacock establishes office in Ireland
Lane Clark and Peacock has announced a further stage in its international expansion following a merger with HLD Actuarial Consultants to create Lane Clark and Peacock Ireland.
Bupa Australia to merge with rival MBF
The policyholders of Australian health fund MBF have voted in favour of a proposed merger with Bupa Australia.
ABI says aggregator review must go further
The Association of British Insurers has called for the Financial Services Authority to extend its review of aggregator sites to cover all financial services comparison websites.
Confused.com warns against over-regulation
Confused.com has welcomed the Financial Services Authority review of the aggregator sector whilst warning against excessive regulation.
New Fellowship for Insurance launched by City think-tank
A new Fellowship for Insurance will be launched by the London-based think-tank, the Centre for the Study of Financial Innovation on 14 May. The first Generali-supported CSFI Fellow is Shirley Beglinger from the Shires Partnership which specialises in…
FSA issues aggregator report
A Financial Services Authority today said an assessment of the insurance comparison website market has found evidence of "both good and bad practice", but added it is looking for all websites to ensure that users are treated fairly.
Galbraith rails against 'nanny state gone mad'
The chief executive of the British Insurance Brokers' Association has called for the insurance indus...
Lovells: case muddies waters
A recent precedent case in the Court of Appeal could change the way compensation is calculated for c...
Biba pushes European guidelines take-up
The British Insurance Brokers' Association is urging intermediaries to adopt a new set of guidelines...
Mortgage holders must be protected
The Council of Mortgage Lender's director general Michael Coogan's call for reforms to income suppor...
Panel urges industry to take lobbying lead
Political and academic experts have said brokers and insurers should lobby the government harder to ...
Patch up PPI
Payment Protection Insurance