Regulation
Solvent scheme hailed as another post-BAIC success
Gordian RunOff (UK), advised by Reynolds Porter Chamberlain (RPC), is the latest of a small number of companies to gain approval from the High Court for a solvent scheme of arrangement since the BAIC decision last July.
Lloyd's broker fined by FSA over employee subject to police investigation
Lloyd's broker Besso has been fined £20 000 by the Financial Services Authority for not seeking approval for individual.
D&O rates continues to slide claims broker
Directors’ and Officers’liability insurance rates in the London market were largely unaffected by insurance industry losses following Hurricanes Katrina, Rita and Wilma, according to the latest Willis Index for this coverage area for the first quarter of…
Broker and business bodies unite to lambast Government over regulation costs
The British Insurance Brokers’ Association and the Federation of Small Businesses this morning jointly warned the Government that they must do more to combat the disproportionate impact of regulation on small insurance brokers.
FSSC consults industry over new foundation framework
The Financial Services Skills Council has launched a consultation process, seeking industry views on...
North of the Border - Claims Spotlight
Scottish civil juries - is this a divisive lottery?
Eiffel Towergate anyone?
The news that the European Commission is referring several member states, including France, Germany ...
British Insurance Brokers' Association survey
Brokers are not generally proactive in raising issues with their Financial Services Authority superv...
IMD threat may boost UK brokers
UK brokers could be poised for pan-European raids after those countries refusing to break down barri...
Innovation needs help to flower
View from the Top
Appointment at Barlow Lyde and Gilbert
Chris Zavros has joined Barlow Lyde and Gilbert as a partner. Mr Zavros specialises in shipping and ...
Bar flies
Pubs and clubs: Door security
DCA and ASA debate banning of PI adverts
The prospect of banning advertisements encouraging personal injury claims could move a step closer w...
EC green light for Swiss-GEIS deal
The European Commission has cleared the proposed acquisition of a substantial part of the direct insurance and reinsurance businesses of GEIS by Swiss Re.
Partner Re to play more in tight US property zone in 2006
In a first-quarter earnings announcement, Patrick Thiele, CEO of Bermudian reinsurer Partner Re, hinted that his company was prepared to up its risk appetite where demand was strongest to make the most of the divergent global reinsurance market.
Assurant Solutions in MPP push
Assurant Solutions today unveiled a mortgage payment protection product called The Matrix. It will enable lenders and brokers to help consumers exposed to the risk of rising repossessions and increasing levels of debt by creating tailored cover that for…
CEA reorganises management structure
Following a meeting of its Presidential Council, CEA, the representative organisation for Europe’s insurers, has today announced details of a new management structure.
European states sent to court for failing to implement IMD
The European Commission has announced it is referring France, Germany, Greece, Spain, Portugal and Malta to the European Court of Justice for failing to implement the Insurance Mediation Directive.
UK’s key insurance role may be under threat
UK’s position at the heart of the world insurance market may be under threat from a combination of regulation and technology, according to accountants Moore Stephens.
Appointment at Ace
Ace has made two appointments at its London branch. Stephen French has become chief underwriting off...
Ombudsman Awards - Arbitrary arbiters
Broking Supplement
Abta acts over FSA D-day
The exemption of travel agencies from Financial Services Authority regulation will have a detrimenta...
Lloyd's return for Omni
Omni Whittington will return in June to the active insurance market for the first time in five years...
Appointment at Barlow Lyde and Gilbert
Barlow Lyde and Gilbert has recruited high-profile marine insurance specialist Chris Zavos from its ...