Regulation
Old profession, new rights
Proposed changes to prostitution laws in the UK have prompted discussions about whether sex workers ...
Doctors' indemnity spat drags on
The Medical Defence Union has stepped up its campaign to have all doctors covered by an insurance-ba...
Appointment at Financial Services Authority
The Financial Services Authority has appointed David Hall as the chairman of the board of the Financ...
Four years ago
Looking back
Horses for courses
Equine
IUA and Lloyd's approve of plan
The insurance sector has welcomed proposals to scrap a central approvals system for those working in...
FMG deal collapses as Vega moves on
Primary Group subsidiary Vega has pulled the plug on the deal to buy broker FM Green, according to s...
Zurich signs BPO deal: Outsources work to Poland, China and India
Zurich Financial Services has appointed Capgemini on a multi-year framework agreement to manage its finance & accounting processes.
Footman James makes ops director appointment
Specialist insurance broker Footman James has announced the appointment of Clair Hayward as operations director. Haywood, who joined the company at the beginning of December, will bring a wealth of insurance expertise having worked as a key account…
Zurich subsidiary opens Europe offices
Zurich Financial Services Group (Zurich) has announced that Zurich Insurance Ireland Limited (ZIIL), an EU-wide risk carrier for Zurich Global Corporate business, has opened branches in France, Sweden and Finland in addition to its UK branch, which was…
Contract certainty project leaders listed on forum
A contacts network of project managers responsible for driving contract certainty improvements in the London company reinsurance market has been set up by the International Underwriting Association.
German insurers looking for reinsurance fundamentals
The three principal drivers of reinsurance-buying decisions are price, a reinsurer’s financial rating and the types of coverage and exclusions offered, according to a study of the German insurance market sponsored by GE Insurance Solutions.
XL Re America appoints new COO
XL Reinsurance America has appointed John Welch, as president and chief operating officer. He will report to James H. Veghte, chairman and chief executive officer of XLRA, and chief executive of XL’s reinsurance general operations. Mr. Welch will also…
EC spares motor insurers further directives from Brussels
The European Commission has issued a report addressed to the European Parliament and the Council on two motor insurance issues – compensation bodies and third-party liability cover for trailers.
FX provider cuts out wait for international drafts
Foreign exchange company Travelex, has launched Desktop Drafts, an internet-based product designed for insurance companies to print international drafts at the premises of any of their overseas offices in less than two hours, instead of having to rely on…
Primary stalls over broker deal
Acquisitive broker Vega's proposed acquisition of FM Green appears to have stalled, six months after...
Commentary - Court sanctions new protocol
The court has approved a new protocol to assist expert witnesses to comply with the court's expectat...
Department for Constitutional Affairs publishes preview
The Department for Constitutional Affairs has published a preview of the 41st update to the Civil Pr...
Compensation pay condoned
I wonder how long it will take the Financial Services Authority to wake up to the rewards insurers a...
Stephen Bland - Action man
The introduction of statutory regulation has been a difficult and trying process for the industry. Stephen Bland talks to Ed Vinales about the regulator's steep learning curve and the need for enforcement, especially over payment protection insurance
Brokers express London concerns
One in four brokers believe that the quality of service provided by London-based underwriters deteri...
2006 must follow up developments of 2005
The start of a new year is a time for reviewing the past 12 months and setting objectives for the 12...
FSA puts stress on certainty
The Financial Services Authority has told the London market it will gain a commercial advantage over...
DIMA rejects reinsurance lobbying claims
The Dublin International Insurance & Management Association (DIMA) has rejected claims that it has lobbied the Irish Government not to accede to European Commission Directorate proposals to introduce mandatory regulatory standards for the reinsurance…