Regulation

Looking Back

Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance ne...

CEA welcomes VAT reform

The CEA, the Brussels-based representative organisation for the European insurance and reinsurance industry, has welcomed the European Commission's VAT Insurance and Financial Services Review, presented today.

FSA looks to develop Islamic finance

The Financial Services Authority has published a paper setting out its role in the development of the UK as the major European financial centre for Islamic financial products and services.

Scottish Re faces claim from rescue investors

Troubled life reinsurer Scottish Re has revealed accounting errors that have given rise to a written request from the investors that rescued the firm in 2006 to ask for a independent committee to be set up to decide on financial compensation.

Brokers fear insurance law reform will add to PI costs

In its response to the Law Commission, the Institute of Insurance Brokers has stated that it does not believe any amendments to insurance law should attempt to confer different rights to private and business policyholders (or any combination of the two,…

NAIC proposes single-state reinsurance regulation

The National Association of Insurance Commissioners (NAIC) has released a proposal to modernise reinsurance regulation that would see a single-state regulatory environment responsible for overseeing US and non-US reinsurers.

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