Regulation
Financial Ombudsman Service funding arrangements: Feedback Statement
The Financial Services Authority (FSA) and the Financial Ombudsman Service have today published a Feedback Statement describing responses to the discussion initiated last year about how the costs of funding the ombudsman service’s compulsory jurisdiction…
FSA promotes new installment plan for regulatory fees
A payment by instalments plan has been negotiated to enable firms to pay their regulatory fees by this method.
Instalment Plan in place for next year's regulatory fees
A payment by instalments plan with very competitive terms has been successfully negotiated to enable firms to again pay their regulatory fees by this method.
Instalment Plan in place for next year's regulatory fees
A payment by instalments plan has been successfully negotiated to enable firms to again pay their regulatory fees by this method.
Standard & Poor's raises Lloyd's rating
Standard & Poor's Ratings Services raised today its insurer financial strength rating on Lloyd's to 'A+' from 'A'. At the same time, Standard & Poor's raised its counterparty credit rating on The Society of Lloyd's to 'A+' from 'A', with a stable outlook.
FSA sets out future of regulation
The Financial Services Authority (FSA) has published a paper setting out its current thinking on its move towards a more-principles-based regulatory regime.
Training firm Searchlight boosts business development
Insurance training provider Searchlight has appointed Alison Drake in the role of relationship and development manager.
The information highway
Cyber Liability
Exchange Chambers sets up specialist mediation group
Barrister Exchange Chambers is to launch a dedicated mediation group after 27 of its members success...
Commentary - Employers should be aware of whistle-blowing safeguards
The Employment Rights Act 1996 as amended by the Public Interest Disclosure Act 1998 protects worker...
Appointment at Miller
Miller has announced that Mark Hutchinson has joined as director of its property team from Price For...
What is a baseline?
Environmental Liability: Baselines
Looking back
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance ne...
The risky world we live in
In the discussions my Marsh colleagues and I have with chief executive officers, chief finance offic...
GAB snaps up Jones as COO from Cunninghams
Cunningham Lindsey UK has been forced into a management reshuffle following the departure of one of ...
Appointment at Lane Clark and Peacock
Lane Clark and Peacock has appointed Robert Murray as partner. Mr Murray joined LCP in 1997, and adv...
Appointment at Bermudian Monetary Authority
The Bermuda Monetary Authority has announced that Matthew Elderfield has been appointed as the organ...
FSA bans broker as crackdown continues
A director of a Swindon-based insurance broker has been banned for failing to ensure that 225 insura...
A changing climate
Business Continuity Planning
European Commission eyes PI law revamp
The European Commission has put a hold on changes to the law on professional indemnity insurance for...
Stable outlook for France
Moody's has maintained a stable outlook on the French non-life insurance industry in its latest repo...
FSA is starting to justify enforcement war chest
The news that the regulator has once again opened the door marked 'underwriting' at a broker and fou...
Iraq images and foiled attacks fuel demand for terrorism insurance
A combination of increased capacity, more predictable premium rates and innovative programme design is creating steady growth in the take up of stand-alone terrorism insurance, according to Aon’s latest ‘Stand-alone terrorism market update’.
Demand for stand-alone terrorism insurance continues to grow
A combination of increased capacity, more predictable premium rates and innovative programme design is creating steady growth in the take up of stand-alone terrorism insurance, according to Aon’s latest ‘Stand-alone terrorism market update’.