Regulation
Norwich Union signs contract with Trafficmaster
Norwich Union has signed a contract with Trafficmaster for the provision of a further 35,000 telemat...
Scan misdiagnosis in RTA case leads to 100% earnings payout
Dudarec v Andrews and others, (Court of Appeal - 22 March 2006)
Broker lays down insurer challenge
The boss of a leading travel insurance provider has challenged underwriters to provide cover for peo...
Will FSA resurrect networks?
The path to Financial Services Authority regulation was littered with broking network failures. Some...
Underwriter run-off date set
The solvent run-off of failed London market liability insurer The Underwriter could last until 2022,...
Human Rights Act violated with police failure over threats
Irwin Van Colle (Administrator of the Estate of Giles Van Colle, deceased) and Corinne Van Colle v Chief Constable of Hertfordshire, (Queen's Bench Division - 10 March 2006)
Claimant network to push into mediation
Inter Resolve, the claims resolution firm fronting a network of claimant lawyers called the Law Alli...
Andrew Hitchcox joins Kiln as chief actuary and risk officer
Kiln, which owns leading Lloyd's managing agent R J Kiln & Company, has appointed Andrew Hitchcox to the newly created post of chief actuary and risk officer.
Aviva FD to outline European insurance tax demands
Aviva finance director Andrew Moss will today outline what the European industry's concerns and demands with regard the EU Commission review into the VAT treatment of financial services and insurance.
Moody’s gives Odyssey Re stable outlook
Moody's Investors Service has revised its rating outlook for Odyssey Re Holdings, and its rated insurance operating subsidiaries (insurance financial strength rated A3) to stable from negative. The change in outlook reflects the resolution of issues…
Aon London relocation: Canary Wharf u turn
Aon has revealed that it will not be relocating its London headquarters to the Canary Wharf office complex.
US Securites class action settlements rising
The number of securities class actions filed in the US against foreign companies in 2005 fell by 34%, according to the latest PricewaterhouseCoopers Securities Litigation Study. However, the total value of settlements rose by 113% from $633.7million in…
NU warns of continued breaches in working at height rules
According to Norwich Union businesses are still flouting the law and causing accidents – even in trades not considered “high risk” – a year on from the Working at Height Regulations.
Equity appoints JPMorgan and Union Bancaire to invest £500m
Equity Insurance Group has appointed JPMorgan Asset Management and Union Bancaire Privée to equally manage its £500m insurance portfolio. They have been chosen to manage the assets to an absolute return objective of Libor plus 1.5%.
FSA conducts review after
The Financial Services Authority today said it will undertake a large scale review later this year into the handling of client money by general insurance intermediaries.
Broker ignorance may lead to claims
Seven in 10 broking firms are completely unaware of forthcoming age discrimination legislation, acco...
Time to test yourself
A selection of questions from various CII qualification papers
Biba calls on Blair to review costs
The British Insurance Brokers' Association and the Federation of Small Businesses have warned the go...
Gordian Runoff (UK) gains approval from the High Court
Gordian Runoff (UK) is the latest of a small number of companies to gain approval from the High Cour...
Contract certainty needs culture change
Progress in contract certainty among British Insurance Brokers' Association members will soon be pre...
EU takes to directive early
Half of Europe's insurers have enacted formal programmes to address the proposed European Union Solv...
Fighting talk
Eric Galbraith, chief executive of the British Insurers' Brokers' Association, launched a scathing a...
Broker fined over approval failure
London market broker Besso has been fined £20,000 for failing to apply for approval of a manager who...
Transparency is no bad thing
Commission disclosure