Regulation
Lloyd's act to be updated
The government has announced its decision to develop legislative proposals to modernise the governan...
Appointment at Hardy
Charles Scott-Hopkins has been given responsibility for the development of the marine hull, war and ...
Appointment at NMB
Newman Martin and Buchan, the independent Lloyd's insurance and reinsurance broker, has named David ...
North of the Border: striking out in Scotland
For 40 years, England has enjoyed a means of disposing of cases involving dilatory claimants, while ...
Terror Bill to Commons
The House of Commons has taken its first look at the Victims of Overseas Terrorism Bill which could ...
Reflecting on terrorism
Terrorism
S&P chief warns industry over boom and bust cycle
The insurance sector is at a critical point, with the move to greater transparency, increased use of the capital markets, and new regulation all meaning there is great potential for change.
CII members call for standards framework
An independent report commissioned by the CII Group from Deloitte and Touche, submitted to the FSA two months ago and made public today, shows its members strongly advocate a framework to raise standards for the public benefit and encourage…
HSBC indicates insurance aspirations with senior hire
HSBC Bank have appointed Christen Schnor as head of insurance with responsibilities for the UK, Turkey, the Middle East and Malta.
Abta claims Treasury decision will see more people travel uninsured
The Association of British Travel Agents has said that it is disappointed with the Treasury’s announcement today that travel agents and tour operators will lose their exclusion from Financial Services Authority regulation for the sale of travel insurance.
FSA to regulate all travel insurance
The Economic Secretary to the Treasury, Ed Balls, today announced that the Government intends to give the Financial Services Authority (FSA) the responsibility for regulating the selling of travel insurance sold along with a holiday. The FSA at present…
Bermuda poised for ‘corruption dossier’ revelations as courts deny gagging order
Bermudian police and legal chiefs are are fighting a last-ditch action that could see them appeal all the way to the Privy Council in London to obtain a gagging order against local media wishing to publish excerpts from leaked police files from…
Crawford makes Swiss move
Crawford & Company has announced an association with a local partner in Switzerland to form Crawford Partner (Switzerland) which will cover claims management in Switzerland and Liechtenstein.
Hertzell to replace Beale at Law Commission
The Lord Chancellor and Secretary of State for Justice Lord Falconer, today announced the appointment of David Hertzell to the post of Law Commissioner.
Skills Council appoints new director of skills development
The Financial Services Skills Council (FSSC) has appointed Sarah Thwaites, currently manager, industry training at the Financial Services Authority, as its new director of skills development.
Law firm launch compliance service for brokers
Vizards Wyeth, a leading insurance law firm, has launched a new service, Advantage Broker, to provide specialist advice and training to help general insurance brokers prepare for the FSA’s move to a more principles-based approach to regulation (PBR).
Liberty International Underwriters Expands Specialty Casualty Products
Liberty International Underwriters (LIU), a division of global insurer Liberty Mutual, has expanded four specialty casualty insurance products.
Bahrain to overhaul rules for overseas insurers
The Central Bank of Bahrain is proposing amendments to capital requirements for branches of foreign insurance firms operating in Bahrain.
FSA publishes 2006/07 Annual Report
The Financial Services Authority (FSA) today published its Annual Report for the year 2006/07.
Young workers 50% more likely to be injured
Employers should take measures to safeguard the health and safety of young people in the work place,...
Time to test yourself
A selection of questions from various past-CII qualification papers
TCF fines to rocket as FSA cranks up the heat
Treating Customers Fairly breaches now feature in 40% of all fines imposed by the Financial Services...
Contract guidelines clarified
The Contract Certainty Steering Committee has united its guidance for the subscription and non-subsc...