Regulation
The challenge of being green
Liability Report
What the papers said this week
The Daily Telegraph Motor insurer Admiral was driven to an all-time high, aided further by a bull...
XL gets approval for Dublin reinsurance move
Bermudian (re)insurer XL Capital has received approval for XL Re Europe, its new Dublin-based European reinsurance platform.
Small companies offered regulatory olive branch
Trade and Industry Minister Jim Fitzpatrick has laid regulations that could save small financial services companies some £15.25m a year in total.
New reinsurance buyer at XL Insurance
David Duclos, chief operating officer for XL Capital’s ("XL") global insurance operations ("XL Insurance"), has announced the appointment of Robert Andrews as head of its global ceded reinsurance operations.
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 Authourity (FSA), recognised the efforts of the market to raise standards, which in turn will help to ensure that London will remain the platform of…
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.
Ask the expert
I am currently working within an insurance company in the European Union and am considering moving to the UK. How easy is it for EU nationals to secure a position within the London insurance market?
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...