Regulation
Legal Services Act given Royal Assent
An independent body which will handle consumer complaints about legal services in England and Wales is now a step closer under new legislation approved today.
Maesh reports FTSE 100 companies increasing risk reporting
FTSE 100 companies are reporting risk above and beyond what the UK’s regulatory regime requires, according to research undertaken by Marsh.
Marsh: FTSE 100 firms reporting above and beyond what is needed
FTSE 100 companies are reporting risk above and beyond what the UK’s regulatory regime requires, according to research undertaken by broker Marsh.
Double hire completes Ark casualty reinsurance team
Ark Syndicate Management said it has completed its casualty reinsurance platform with the addition of David May as head of Casualty Re, and Andrew Aldwinckle as a senior underwriter, both from Aspen Re.
Florida officials announce $4.5m insurance settlement
Insurance giant ACE has agreed to pay a $4.5m settlement to a US multi-state task force to resolve allegations of bid-rigging and price-fixing in the US commercial insurance market.
Ex-Lloyd's boss looking to lure UK general insurers
UK general insurers are being targeted with multi-million pound risk financing packages by a start-up backed by Lehman Brothers.
Lloyd's launches graduate scheme
Lloyd's has announced the launch of its new graduate recruitment programme in order to bring fresh t...
CII initiates streamlining of qualifications
The Chartered Insurance Institute has called on the industry to engage in its initiative to streamli...
Peer group pressure
Public Sector: Comprehensive Spending Review
Trunk and disorderly
Subsidence: Tree root protocol
Indie campaigning MP praises verdict
The Independent Trial: The verdict
Batten down the hatches
Marine: UMI report
Markel to face heavy D&O legal defence costs
The Independent Trial: The verdict
'Silent majority' essential to contract law consultation
Claims Club Annual Conference
ABI sets March 2008 date
The review of flood defence spending should begin immediately and be completed no later than March 2...
Chaucer hails Marsh appointment coup
Chaucer Syndicates has appointed Andrew Voke as head of marine, with responsibility for the continued development of the marine division of Chaucer Syndicate 1084.
Indie: a potted history
The Serious Fraud Office has published its version of the collapse of Independent Insurance following today's guilty verdicts against the three former directors. It follows below:
IRM in Malay tie-up
The Malaysian Insurance Institute and the London-based Institute of Risk Management have agreed to promote IRM's risk management professional programmes in Malaysia.
The Indie Trial Verdict
Michael Bright, Denis Lomas and Phillip Condon are sentenced at Southwark Crown Court.
Lehman brothers launches insurer risk financing tool
Global investment bank Lehman Brothers today announced that its subsidiary, Libero Ventures, has received authorisation from the Financial Services Authority and is to begin trading.
New York regulator calls for collateral rule to be scrapped
New York State Insurance Department, insurance superintendent Eric Dinallo has proposed the abolition of rules forcing non-US domiciled reinsurers to post collateral equal to their liabilities. After a long faught campaign against the rules, it is hoped…
Sants discusses FSA retail agenda
In a speech to the Association of Private Client Investment Managers and Stockbrokers conference, Hector Sants, chief executive of the Financial Services Authority, touched on key aspects of the regulator's agenda for the retail market, including: • The…
NAIC mulls mutual recognition reinsurance licensing
The National Association of Insurance Commissioners (NAIC) has unveiled a proposal calling for regulatory changes to allow for single-state licensing of US reinsurers, and encouraging the NAIC to develop a reinsurance supervision review department (RSRD).
Appointment at Financial Services Authority
The Financial Services Authority has appointed Chris Pond, currently chief executive for the Nationa...