Regulation
War of words builds ahead of Goshawk AGM
The war of words between Goshawk and major shareholder Phoenix Asset Management Partners has stepped up ahead of the reinsurers AGM on Monday.
SCOR appoints Peignet to head P&C arm
Denis Kessler, chairman and chief executive of SCOR, has appointed Victor Peignet as head of all SCOR’s Property & Casualty business with the approval of the Group Nomination Committee.
JLT refuses to back down on MSAs
Jardine Lloyd Thompson (JLT) has commented on the recent statement by AIRMIC on broker remuneration calling for disclosure of brokers’ earnings across the UK insurance industry.
Pension problems prompt regulator to issue new code
The Pensions Regulator has issued its code of practice on Notifiable Events - following situations including the application by broker Heath Lambert to hand over its crippled pension fund.
M&As could mean more redundancies
The potential threat of further redundancies in the financial services sector, as a result of merger...
Cox acquisition leaps final hurdle
Neil Utley's three-year quest to buy Cox Insurance jumped the final hurdle this week when compulsory...
Westminster group vows to direct Claims Bill
Action to curb the rising cost of compensation is top of the agenda for the All Party Parliamentary ...
A&E ad ban needs debate
The money earned by hospitals that advertise the services of claims farmers can net hospital trusts ...
CILA head: adjusters do not face ruin over VAT
I would like to comment on a number of matters arising from the article, 'Adjusters face ruin over l...
Reform Group delivers plan early to FSA
The Market Reform Group will thrash out its draft model plan for contract certainty today at its lat...
Fraud
Insurers should lobby government to secure access to the proposed National Identity Register, says J...
Willis chief completes 2005 share trading
Willis Group Holdings has announced that Joe Plumeri, its chairman and ceo, has completed share trading for 2005 under his previously announced personal trading plan in accordance with the Securities Exchange Act.
S&P brands US credit legislation plans
Standard & Poor’s has attacked proposed legislation in the US Congress to open the credit rating industry in the US to greater competition as being ‘unconstitutional’.
FSA's Tiner topped over half a million pounds in salary and benefits in 2004
In his first full year as chairman Callum McCarthy was paid £382 448 (£314 000 salary plus benefits), the Financial Services Authority revealed today as it published its 2004 annual report.
IUA appoints new director of market services
The International Underwriting Association (IUA) has expanded its resources devoted to reforming business processes in the London insurance and reinsurance market through the appointment of a new director of market services.
Heath Lambert opens Malta captives operation
Heath Lambert has announced the launch of a new captives operation in Malta.
Cox: offer update
The Cox acquisition vehicle Fieldstreet today announced that by 9.00 am on 24 June 2005, it had received valid acceptances of 90.44% of the motor insurance specilaist’s shares. The offer will remain open until further notice.
CII graduates on the increase
The number of candidates graduating in the Chartered Insurance Institute's Diploma and Advanced Dipl...
Pub stress case result overturned
Harding v The Pub Estate Company Ltd, (Court of Appeal - 11 May 2005)
Throwing down the gauntlet
Broker Transparency
IUA members in market reform pledge
London Market News
QBE restructures in efficiency drive
QBE this week announced a major restructure to deliver efficiencies and cost savings. However, it st...
FSA responds over BPS issue
I would like to comment on the leader "FSA must respond, not react" in the 2 June issue of Post Maga...