Regulation
Adding results to injury
Ogden tables: Version six
Insurers likely to be more affected by Solvency II than credit crunch
US subprime asset mark-to-market losses and the broader disruption in capital markets to have limited implications for Europe's insurers compared to Solvency II according to Standards and Poor's.
JLT appoints new Dubai manager
Jardine Lloyd Thompson, the UK (re)insurance broker, said it has appointed Lloyd A. Stewart to manager of JLT Dubai, its office in the DIFC.
Amlin in investment management joint venture poaches Swiss Re execs
Amlin, the Lloyd's (re)insurer, said it will form an investment management joint venture specialising in managing funds in traded insurance risk.
FOS name and shame will not be welcomed says Eversheds
The much anticipated Financial Ombudsman Service review, published by Lord Hunt, has taken steps to address concerns on complaints handling. However, recommendations to introduce a name and shame system will not be welcomed by financial institutions,…
Two former Carole Nash executives launch broker consultancy
Two former Carole Nash executives have launched a consultancy firm to advise the insurance industry on key issues including compliance, quality improvement and human resources.
New placing guidelines for European subscription markets gain EC blessing
The European Commission has approved in principle a new set of guidelines for (re)insurance intermediaries involved in coinsurance and subscription market business, which would see clients consulted before placement on the best structures available,…
Ernst and Young launches insurance run-off team
Kevin Gill joins Ernst and Young today as lead partner for the firm’s newly-created insurance run-off team.
Axa Art renews with international art shows Art Basel and Art Basal Miami
Axa Art has renewed and extended its partnership relationship with the international art shows, Art Basel and Art Basel Miami Beach. Under this expanded agreement, Axa Art will serve as associate sponsor, exclusive art insurance partner and official…
Glacier Insurance makes senior appointments
Glacier Insurance has appointed Eddie Harte as operations and finance manager and Pascal Gabathuler as risk manager. Both will be based in Glacier Insurance’s headquarters in Vaduz, Liechtenstein.
BIBA calls for market solution for commission disclosure
At its annual conference in Glasgow, the British Insurance Brokers’ Association has called on the industry to support a market solution to resolve the Financial Services Authority’s issue on transparency, disclosure and conflicts of interest in the…
Time to test yourself
A selection of questions from various past-CII qualification papers
Disclosure: a 'necessary step'
Commission disclosure is both "desirable" and a "necessary step" according to Martin Hudson, UK chie...
Mutual judgment leaves both claiming win
Both sides are claiming victory in a landmark High Court ruling centred on local authorities' right ...
Can't complain
TCF: Complaints data
NU to change brand name but not spiritual home
Norwich Union will continue to be headquartered in the city in which it was founded, despite plans t...
Everyone has their price
M&A: Valuation
Appointment at Weightmans
Weightmans has appointed two partners to its London office: Colin Peck and Ling Ong. Mr Peck joins f...
The truth and nothing but the truth
In the first of a new regular column Hugh Price and Roger Flaxman seek to identify legal and practical problems that can cause difficulties for brokers
Brazil opens arms to foreign insurers after board meeting
The Brazilian market is now open for business, as government officials overcame an application delug...
Bipar approves 'high level principles' to escape further regulation
Intermediaries may have been handed a reprieve on further regulation from European Commission when p...
The risk of chasing yields
Inside view