Regulation
Law suit "unfounded" claims Scor
Scor has claimed allegations it treated rival reinsurance company Converium’s US shareholders unfairly during a hostile takeover bid are “unfounded”.
FSA finds many small firms are not acting on the advice
Small firms using compliance consultants should act on the advice they are given if it would help them comply with their regulatory requirements, according to the Financial Services Authority (FSA).
Converium files suit in Scor takeover battle
The battle between reinsurers Converium and Scor intensified today after a law suit was launched against the hostile bidders in the US. According to a statement from Converium this morning, on April 16, 2007, Converium filed a complaint in the United…
IUA hopes updated website will create 'virtual communities'
The International Underwriting Association has updated its website in a bid to create an online database of documents and resources for the London (re)insurance market.
CEA makes recommendations to European Commission
The CEA, the Brussels-based representative organisation for the European insurance and reinsurance industry, has made a series of policy recommendations to the European Commission regarding the interim report of the inquiry into business insurance.
FSA maintains a tough stance with small firms on minimum standards
The Financial Services Authority (FSA) said today that it had maintained a tough stance towards small firms that failed to meet its minimum standards in 2006/07. The FSA has minimum requirements or threshold conditions that all firms must fulfil in order…
Quinn Group fights back over forged memo furore
Quinn Group has reacted vehemently to articles written in the Sunday Tribune on 1st April and 8th April that make certain allegations about practices in Quinn-direct based on a memo purporting to come from the company.
Bermuda Monetary Authority appoints new CEO
The Bermuda Monetary Authority (BMA) has announced that Matthew Elderfield will take over as chief executive in July.
European body responds to EC investisgation
CEA, the Brussels-based representative organisation for the European insurance and reinsurance industry, has made a series of policy recommendations to the European Commission regarding the interim report of the inquiry into business insurance.
Time to test yourself
A selection of questions from various past-CII qualification papers
IRM in Swedish link up as it plans international push
The Institute of Risk Management has announced its biggest international joint venture to date, in w...
Looking back
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance ne...
Narrow the gap
Legal comparison: Scotland and England
Under the microscope
Fraud: Suspicious transactions
From here to maternity
Maternity regulations
Spinning a winning tale
As practitioners of mergers and acquisitions, we are often struck at how misleading the headlines su...
Lloyd's cuts paperwork in vote of faith for FSA
Lloyd's has signalled it finally has confidence in the standard of the regulatory work carried out b...
DAS selects Northern Ireland manager
DAS has appointed Brendan Mooney as broker account manager for Northern Ireland.
FSCS declares 42 firms in default
Consumers can claim compensation of up to £48,000 if they have lost money as a result of their dealings with any one of 42 firms that the Financial Services Compensation Scheme (FSCS) has recently declared in default.
FSA prohibits broker from trading
The Financial Services Authority has prohibited Alan Dennis Garlick, director of Chapel Finance, from carrying out regulated activities for management failures and a lack of skill, care and diligence.
THB launches new liability cover for FSA Approved Persons
A new liability product specifically for individuals named as ‘approved persons’ by the UK’s Financial Services Authority (FSA) has been launched by THB UK Professionals Risks.
All systems go for new home finance regulation
From April 6th the Financial Services Authority (FSA) is introducing new protections in the housing market.
UK office workers told: take a break
Around 73% of office workers skip their lunch hour on a regular basis, according to new research. I...
Insurer terror aftermath protocol to be published
The insurance industry will soon announce its protocol on dealing with the aftermath of terrorist at...