Regulation

Fraud Focus

A recent Financial Services Authority report highlights industry fraud concerns, says Jamie Taylor

Moody’s downbeat over German life industry

The overall rating outlook for the German life insurance industry remains negative due to ongoing earnings pressure and a series of strategic challenges, according to Moody's Investors Service in its new Industry Outlook on the sector.

Tiner details scope of enforcement review

John Tiner, chief executive of the Financial Services Authority, has announced the scope, form and timing of the promised review of the FSA's enforcement processes. The review will be led by David Strachan, FSA director of retail firms and sector leader…

Haddrill handed top job at ABI

The Association of British Insurers today announced the appointment of Stephen Haddrill as director general in succession to Mary Francis. He will take up his position on 3 May 2005.

Lambourne launches Lloyd's broker run-off service

Lambourn Insurance Services has launched a new broker run-off and replacement service, following its successful application to Lloyd’s for approval to administer run-off business. The service, facilitated by Broker Number LAM 1122, will be officially…

Biba backs FSA over inducement guidance

The British Insurance Brokers’ Association has congratulated the Financial Services Authority after it issued a guidance paper clarifying their approach to conflict management, and in particular the unfair inducements rule.

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