Regulation

BIBA welcomes FSA industry review

The British Insurance Brokers' Association has today welcomed the review of the general insurance regime, as announced by Clive Briault, Managing Director, Retail Markets, FSA, at last week's Chartered Insurance Institute Annual Conference.

Fitch affirms QBE’s ratings after acquisition

Fitch Ratings today affirmed the Long-term rating 'A' rating of QBE Insurance Group. At the same time, the Insurer Financial Strength ratings of QBE's main underwriting subsidiaries were also affirmed at 'A+'. The Outlook for all the ratings is Stable…

ABI calls for delay over VAT for insurers

The Association of British Insurers is urging the tax authorities and Treasury to mitigate the impact of new VAT rules on outsourced insurance services by delaying their implementation and using their discretion not to penalise the customers of insurers.

Cautious response

The insurance broking fraternity has given the Financial Services Authority's announcement that it p...

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