Regulation
The planet, it is a-changing
Last week, this editorial discussed the possibility some insurers may be cashing in on the eco-pound...
Willis offers climate forecasts
Risk Report
A change of claims scene
Legal Comment
Project reaches milestone
The crash repair industry's Publicly Available Specifications project reached a milestone last week ...
Sector reflections
Broker Comment: Commission disclosure
Japanese majors post strong 05-06 non-life results
Fitch Ratings today said major Japanese non-life insurers posted strong underwriting results for the fiscal year ending March 2006 (FYE06), following a drop in earnings in FYE05 as a result of natural disasters.
Fitch releases new capital model methodology
Fitch Ratings has released an enhanced methodology for incorporating a review of an insurer's in-house capital model into its ratings. According to the agency it believes that such models can often promote a superior understanding of risks in addition to…
Fortis to recruit over 250 new staff as its moves to new office
Fortis has secured agreement to develop a new office in Gloucester, which will see it recruit more than 250 staff over the next two years.
IUA launches e-claims pilot
Members of the International Underwriting Association have begun a pilot project to test a new electronic claims system for the London Market. The scheme will allow companies to assess new technology designed to make the submission of claims information…
FSA appoints new small business boss
The Financial Services Authority has today appointed Mark Rothery as chairman of the smaller businesses practitioner panel. He succeeds Ruthven Gemmell who - having served a two year term as chairman - stands down and assumes the role of deputy chairman…
Skills Council publishes new generic financial advice standards
The Financial Services Skills Council has published National Occupational Standards for people providing generic financial advice.
No change in FSCS scheme and ombudsman payment limits
The compensation and eligibility limits for the Financial Services Compensation Scheme and for the compulsory jurisdiction of the Financial Ombudsman Service will remain at their existing levels, the Financial Services Authority has confirmed.
MDU pays out £8.5m to compensate cosmetic surgery patients
The Medical Defence Union paid out just under £8.5 million in compensation and legal costs over the last ten years to patients harmed by cosmetic surgery procedures.
Time to test yourself
A selection of questions from various CII qualification papers
Insurers will not budge, despite ruling
A recent appeal judgement forcing insurers to pay medical-legal agency fees is unlikely to lead to a...
Ri3k and Xchanging build electronic framework
Ri3k and Xchanging are building an electronic framework to provide an end-to-end electronic insuranc...
Marsh in shake-up as its UK boss quits
Bruce Carnegie-Brown's surprise resignation as chief executive of Marsh's Europe and Middle East reg...
NU and Capita cheered by bill
Insurers and brokers have moved one step closer to being allowed to buy or set up law firms, followi...
Appointment at Arthur J Gallagher
Sarah Dalgarno has joined Arthur J Gallagher as director of compliance and risk management, where sh...
TAG boss files evidence
The ex-director of The Accident Group, Mark Langford, has finally filed evidence against proceedings...
Fitch says new catastrophe risk an-alysis ups capital needs by 5-15%
Insurers with catastrophe exposures are facing a possible 10% increase in their overall capital requ...
French market steps back from the brink
Country profile: France
US securities class action settlements rising
The number of securities class actions filed in the US against foreign companies in 2005 fell by 34%...
Half of insurers ready for Solvency II
The majority of European insurers believe that Solvency II will improve their companies' risk- and c...