Regulation
Brokers question nature of transparency probe
Brokers have revealed their concern at the nature of some of the questions they are facing as part o...
Insurers out of Bill
Lord Sheikh is attempting to remove insurers from the equation over compensating UK victims of terro...
Commission updates warranty position
'Basis of the contract' clauses relating to warranties are a key concern to the Law Commission. Pet...
FSA warns of TCF clampdown
The Financial Services Authority has reported an increase in commitment by senior management to the principle of Treating Customers Fairly but warned firms who have failed to engage that they face tough action.
Assurant Solutions enters Irish market
Assurant Solutions today announced its entrance into the Irish Insurance market, part of the organisation’s long-term strategy of developing and underwriting niche insurance products in European markets.
Economies of scale will protect top five GI players says AM Best
AM Best has said that underwriting profitability in the U.K. non-life market may not be sustained in the next year. The rating's agency said in its latest report: "The third largest market in the world, is dominated by these top five companies—Aviva,…
Sheikh opposes insurer-backed funding of terror compensation scheme
Lord Sheikh is attempting to remove insurers from the equation over compensating UK victims of terrorism overseas.
Insurers 'labouring' under multiple accounting standards
PricewaterhouseCoopers has welcomed the publication by the International Accounting Standards Board of a discussion paper about the future of insurance accounting.
CEA welcomes EC white paper on retail financial services
CEA, the European insurance and reinsurance federation, has welcomed the European Commission's green paper on retail financial services, published on 2 May 2007.
CII to share offices after exam tie up
The Securities and Investment Institute has withdrawn its certificate in investment and financial ad...
Lukewarm on cold calling
The Financial Services Authority has warned firms to improve the standards of cold calling when sell...
Appointment at Weightmans
Nick Wilson, health and safety consultant in the regulatory services unit at law firm Weightmans, ha...
Insurers close to agreeing on crisis claims protocol
The Property Claims Forum's bid to draw up a protocol for dealing with domestic claims arising from ...
Icelandics warm to ERIC
The Icelandic regulator has revealed it expects European Risk Insurance Company to meet local solven...
Government hears the case for mediation
The government is hoping to increase the use of mediation in personal injury claims at the request o...
Pricing, commission and consolidation
The words "extraordinary" and "crazy" are being used this year to summarise market prices for commer...
Goshawk outlook is still 'very uncertain'
Goshawk's comparatively small loss for 2006 has failed to alter the landscape for its shareholders, ...
Insurers braced for £100m fire losses
A trio of fires that gutted commercial premises in London and Manchester and closed off busy shoppin...
Former GCHQ head takes on chairmanship of fire inspection body
The National Security Inspectorate has appointed Sir Francis Richards as its new chairman, following the retirement of Sir Michael Bett.
McManus quits RSA to take Willis helm
Brendan McManus, Royal and Sun Alliance's managing director, broker division is to leave the insurer to become chief executive of Willis UK and Ireland.
IUA hopes website will create 'virtual communities'
The International Underwriting Association (IUA) has updated its website in a bid to create an onlin...
Legal - Jurisdiction: You should price for anomalies
Gavin Coull and Peter Hodgins of Reynolds Porter Chamberlain explain why jurisdiction clauses are not always worth the paper they're printed on. Worried? Read on for the details
Aon aiming for US marine growth
Aon's marine team is planning to build its book of US business by appointing Paul White to a newly c...
London calling
Rethink