Regulation
Tribunal upholds FSA decision to shut down adviser
The Financial Services and Markets Tribunal has upheld an Financial Services Authority (FSA) decision last year to cancel the permission of mortgage and insurance broker adviser Qamar Hussain (trading as Radiant Technological Services) to carry out…
Motor specialist reorganises around three key areas
Claims solutions provider Audatex UK has announced a new commercial organisation tasked with reinforcing its "relationship with customers across the claims community".
Broking giant outsources 650 jobs
The Capita Group Plc has been selected by Marsh as preferred partner to transform and deliver Marsh's services, based in Norwich in a move that impacts 650 jobs.
Salaries up in 2007, says Watson Wyatt
Salaries in the UK financial services sector rose by a median 4.2% in 2007 though this masks wide variations, especially when total cash payments are considered.
FSA appoints wholesale director to its board
Sally Dewar has been appointed to the Financial Services Authority board with effect from 9 January 2008.
ABI to eradicate innocent non-disclosure
Customers who innocently fail to disclose relative details on their insurance applications will still be eligible for insurance payouts, according to the Association of British Insurers’ (ABI) new guidelines on non-disclosure.
Sally Dewar joins FSA as managing director, wholesale
The Financial Services Authority (FSA) has appointed Sally Dewar as its new managing director of wholesale. She succeeds Hector Sants who became chief executive in July last year. Sally is currently the director of markets at the FSA. She will also join…
Time to test yourself
A selection of questions from various past-CII qualification papers
Teceris pledges to up major loss ante
Teceris Corporate and Complex Adjusting has unveiled a new gold standard 'kitemark', formalising its...
Reviewing the situation
The comment by the managing director of Continuum in regard to "reviewing growth" raises questions a...
Appointment at Barlow Lyde and Gilbert
Barlow Lyde and Gilbert has recruited two professional liability specialists into the firm as partne...
MDU partnership sealed
European reinsurer Scor has announced it has renewed its business relationship with the commercial a...
World riskiest for a decade says WEF report
Global think tank the World Economic Forum has released a report highlighting the need for new thinking and concerted action in a number of problem areas.
Swiss Re to buy 25% stake in Vietnam National Re
Swiss Re today has announced that it has entered into an agreement to acquire a 25% stake in Vietnam's leading reinsurance provider, Vietnam National Reinsurance Corporation, for VND1.3 trillion (approximately US$79 million) as a result of which Swiss Re…
Scor renews Converium's UK MDU malpractice account
European reinsurer Scor has announced that it has renewed its successful business relationship with UK medical defence organisation, the Medical Defence Union's commercial arm, Medical Defence Union.
Kiln and Catlin in underwriting agency deal
Commercial insurance underwriting agency APC has teamed up with Lloyd's insurers Kiln and Catlin to offer a new contract combining property, combined liability, professional indemnity, directors' and officers' and legal expenses. Other classes will…
MMC announces global broking restructure
Marsh & McLennan has announced it is to consolidate its global insurance broking business into two geographic divisions.
Appointment at Risk Publishing Online
Risk Publishing Online has made three new additions to its board. Nigel Lucas becomes the company's ...
Trade bodies clash over government credit comment
The Institute of Insurance Brokers and the British Insurance Brokers' Association are at odds over c...
Bush signs insurance act
President George Bush has signed the final compromise version of a seven-year extension to the US Te...
Royal approval
The former chief executive of the Financial Services Authority, John Tiner, was awarded a CBE in the...
S&P positive on Hiscox Insurance
Standard & Poor's has revised the outlook on the long-term counterparty credit and insurer financial strengths ratings of Hiscox Insurance, the UK operating entity of Bermuda-based Hiscox Group (Hiscox), to positive from stable. The rating agency said…
IIB slams Economic Minister
The Institute of Insurance Brokers has criticised Economic Secretary Kitty Ussher after she claimed brokers were indirectly responsible for Independent Insurance credit card claw backs.
Lloyd's Spain receives award
Lloyd’s Spain has been awarded the ‘Sal’ award 2007 for its professionalism, corporate brand, proximity and support to the insurance intermediaries sector.