Regulation
Grant Thornton announces new dividend
Grant Thornton's financial services group is pleased to announce a second interim dividend of 23% for insolvent insurer, UIC Insurance.
Lloyd's releases three-year plan
Lloyd’s published its new 2008 – 2010 Three-Year Plan today with chief executive officer Richard Ward praising the achievements of Lloyd’s to date while urging caution as market conditions change.
Chancellor delays capital gains tax decision
Alistair Darling, Chancellor of the Exchequer, has announced today that he was still considering plans to revise the capital gains tax regime.
Huxley launches new business
Mark Huxley, the founder of Davies Managed Systems and a former group services director of Axis International loss adjusters, has returned to the insurance sector by launching Lamb Creative Marketing.
Paths to success
Women in financial services
Commission disclosure furore set to continue in 2008
The debate over commission disclosure will continue in the New Year, as the Financial Services Autho...
Water companies hit back
Yorkshire Water has dismissed claims it was partly responsible for the summer floods, after it emerg...
Venture gains Manchester foothold with deal
The acquisition of Manchester-based Chambers and Newman by Venture Preference has been hailed as an ...
MYI appoints MD as it enters phase two
Scotland and the Midlands will form the focus for regional growth next year by niche loss adjuster M...
Terrorism outranks climate change in BC planning
The Environment Agency has asked to be put in charge of surface water flooding, as it released its r...
Appointment at Barlow Lyde and Gilbert
Barlow Lyde and Gilbert has employed Emily Benson as an associate director in the firm's financial s...
Admiral targets retention
The Board of Admiral Group today announced that it plans to increase its UK motor premium retention ...
Dawn of the deadline
Treating customers fairly
No reason to sell out
Before the Financial Services Authority took over from the General Insurance Standards Council, folk...
FSA confirms changes to regulatory returns
The Financial Services Authority (FSA) has confirmed that the Complaints Return and the Retail Mediation Activities Return (RMAR) will be simplified and shortened.
Royal and Sun Alliance receives higher Standard & Poor's rating
Standard & Poor's ratings services said today it raised to 'A' from 'A-' its long-term counterparty credit and insurer financial strength ratings on the main operating entities of Royal & Sun Alliance.
Atradius Re receives reinsurance licence
Dublin headquartered Atradius Re is the first credit and bonding reinsurance company to be granted a licence to offer reinsurance under new EU regulations.
Admiral ups underwriting stake
The Board of Admiral Group today announced that it plans to increase its UK motor premium retention for the 2008 underwriting year to 27.5% from the current 22.5%.
Biba frustrated at FSA indecision
The British Insurance Brokers’ Association has expressed frustration at the result of the Financial Services Authority’s forensic review into transparency in the commercial insurance market.
Airmic still has worries over SME broker disclosure
Association of Insurance and Risk Managers has welcomed the Financial Services Authority statement on broker remuneration and its continued interest in this important subject, whilst calling for a market solution to resolve shortcomings over transparency.
IIB satisfied with FSA decision over commission disclosure
IIB director general, Andrew Paddick was pleased to hear that as a result of the CRA International report, commission disclosure by brokers to commercial clients will not be made mandatory by the regulator - for the time being.
FSA refuses to mandate commission disclosure ... for now
The Financial Services Authority (FSA) has announced a further programme of work to consider possible inefficiencies in the commercial general insurance market before taking a decision on whether to mandate commission disclosure.
FSA remains concerned over commission disclosure
The Financial Services Authority today announced a further programme of work to consider possible inefficiencies in the commercial general insurance market before taking a decision on whether to mandate commission disclosure.
Environment Agency makes flood recommendations
The Environment Agency today published its comprehensive review of this summer’s floods, highlighting issues such as complex responsibilities for flooding from drains and the vulnerability of critical infrastructure.