Regulation
Aon issues transparency promise
Aon Limited, the UK brokerage arm of Aon Corporation, has said it will take steps to reinforce its commitment to complete transparency in the London insurance marketplace.
CII rolls out six new topics for syllabus
The Chartered Insurance Institute is introducing six new examinations into the 2005 general insuranc...
FSA: two years to comply
It was interesting that Financial Services Authority chief executive John Tiner chose to give his sp...
Clementi clears the way for insurers to buy into lawyers
Insurers will be able to acquire significant stakes in legal entities should the Department for Cons...
Insurance UK rebuffs Tiner
Insurers and brokers this week claimed there was no evidence of contract uncertainty in the UK - out...
No lawyers just means less justice
In his recent speech setting out government's response to the Better Regulation Task Force report, t...
Will Starling fly the nest too soon?
The news that the Association of British Insurers' hunt for a new director of general insurance has ...
We must stand united
Why is it that after-the-event premiums appear so emotive? The very term seems to have insurers squa...
ABI head joins on secondment
The Association of British Insurers' hunt for a new head of general insurance has led to the door of...
New pollution policy needed
The industry must develop an environmental insurance product to fill the gap that exists with conven...
Whatever they say, comp culture is real
I am becoming increasingly dismayed by the continued attempts by statisticians to prove that there i...
Life is a struggle
Review of the Year: Life Insurance
FSA: still time to apply
The Financial Services Authority has given hope to unauthorised intermediaries selling general insur...
Swiss re study points to capital volatility after IFRS
The latest Swiss Re sigma study, “The impact of International Financial Reporting Standards on the insurance industry”, has found that while new accounting standards will increase transparency, they may also bring higher earnings and capital volatility.
Tiner: full speech
John Tiner, chief executive of the Financial Services Authority last night put pressure on the insurance industry to get together and resolve issues over contract certainty. The full speech follows:
FSA gives industry two years to sort out contract certainty
John Tiner, Financial Services Authority chief executive, last night called for the insurance industry to change its handling of commercial insurance contracts. Speaking in New York he told his audience that the FSA wants to see the end of the practice…
AM Best comments on Silverstein result
After a preliminary assessment of the impact of the recently announced verdict that the 9/11 attack on the World Trade Center was two insurable events, AM Best has said that it does not believe the decision will result in any rating changes for the nine…
FSA makes plea to 4500 unregistered firms
The Financial Services Authority today named the 'hotspot' sectors of firms selling insurance who have yet to apply for authorisation and warned them to do it now or risk losing business before regulation comes into force on 14 January.
Appointment at Deloitte
Deloitte has made Darren Michaels a director. He joins the team of actuarial general insurance pract...
'Stub fees' set next week
Brokers will shortly discover the initial cost of insurance regulation, the Financial Services Autho...
FSA offshore visits to begin next week
The Financial Services Authority is to begin inspections of UK insurers' offshore operations in Indi...
Appointment at Comite Europeen des Assurances
Uwe Breuer, director of R&V Allgemeine Versicherung AG (Germany), has become chairman of the CEA Acc...
Penny Black's insurance week
Penny was delighted to attend the British Damage Management Association fifth anniversary bash last ...
The dawn of a new age
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