Regulation
FSA urges firms to act now to help themselves
The Financial Services Authority (FSA) has urged firms to take advantage of the opportunity to save themselves time and effort when preparing for regulatory changes.
FSA speech - Rising to the Challenge
In a recent speech by Sarah Wilson, director, responsible for the Insurance sector, the speaker outlined the Financial Service Authority's (FSA) view on the challenges facing the general insurance sector and the FSA in getting to grips with the new…
FSA speech - In search of efficient, orderly and fair markets
In a recent speech to the Insurance Institute of London, John Tiner, chief executive, Financial Services Authority (FSA), recognised the efforts of the market to raise standards, which in turn will help to ensure that London will remain the platform of…
Chinese growth heightens earthquake risk
Rapid urbanisation and building construction have increased the exposure of people and property to earthquake threat in China resulting in an urgent need to evaluate hazard and vulnerability and to build a comprehensive picture of seismic risk across the…
Kiln assigned stable rating for $35m debt issue
A.M. Best has assigned a “bbb” rating to the $35m floating rate subordinated bonds, issued by Lloyd's managing agent, Kiln. The rating outlook is stable.
MMA hires new head of financial crime
Intermediary-only insurer MMA Insurance has hired Paul Booth as financial crime manager, to head up its financial crime team.
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This week in Post history
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as these highlights from past-articles reveal
Start-up hits Birmingham
A start-up broker has opened for business in Birmingham, vowing to take on the consolidators it desc...
FSA changes sourcebook
The Financial Services Authority has issued a consultation on changes to the Conduct of Business Sou...
Insurer unveils new CEO
Former Guardian Royal Exchange director Michael Tripp is to return to the company fray, having been ...
The shipping news
Marine
IT provider profits up
Room Solutions, the supplier of IT solutions to the non-life insurance industry, has reported turnov...
UK non-life run-off sees £220m liabilities decrease
The UK non-life run-off market's liabilities have shrunk by around £200m in the past two years, acco...
Ex-Lloyd's head sets shake-up plan
Hiscox will instigate wide-ranging reviews of its legal panels in the coming months, as part of the ...
Appointment at Glacier Reinsurance
Glacier Reinsurance has appointed Luzi Hitz as senior property underwriter. Mr Hitz joins the compan...
FSA says priorities for 2007 will remain
Treating customers fairly and contract certainty will remain priorities for the Financial Services A...
Senior staff now driving risk management claims Ferma
Senior management is now the driving force behind risk management in many European companies, an independent survey of risk managers has revealed.
AIG buys London City Airport
London City Airport has been bought by a consortium led by a subsidiary of US insurance giant American International Group for an undisclosed fee.
FSA announce that providers and distributrs need to work together to treat customers fairly
The Financial Services Authourity (FSA) have issued Discussion Paper 06/4: ‘The Responsibilities of Providers and Distributors for the Fair Treatment of Customers.’
Re-launch of Personal Injury Federation
The re-launched Personal Injury Federation has been formed following talks with government departments and stakeholders from the industry to help its membership gain and retain authorisation under the Compensation Act 2006.
Time to test yourself
A selection of questions from various past-CII qualification papers
The impact of a grey workforce
HR directors are concerned about the impact of an older workforce, according to new research by Bupa...