Regulation
What happened on the night?
Question Time
Periodical payments will be "the norm"
Insurers and defendant lawyers have been warned that periodical payments are set to become "the norm...
The Broker Network announces increase in turnover
The Broker Network has announced a 75% increase in turnover through organic growth and acquisition i...
Underwood officially unveiled as FOIL president
The Forum of Insurance Lawyers, has appointed Andrew Underwood, partner in national law firm Keoghs, as its new President.
FSA counts down to taking charge
As the FSA in the UK takes over regulation of the insurance sellers, reinsurers can start to see the priorities it is likely to set
Hartford buys nat cat package from Foundation Re
Hartford Financial Services Group has bought $247.5m worth of reinsurance for natural catastrophes f...
Appointment at JLT Risk Solutions
JLT Risk Solutions, a subsidiary of Jardine Lloyd Thompson Group, has expanded its real estate team ...
Discipline is the answer to politics
Henry Keeling reflects on 2004 and is unsurprised at the current politicisation of the insurance industry
NAIC task force releases draft model legislation
The US National Association of Insurance Commissioners's (NAIC) newly formed Executive Task Force on...
Argentinian insurers' funds abroad: gone for good
Latin America
APRA to implement Basel II
The Australian Prudential Regulation Authority (APRA) has announced that it will implement the Basel...
IFRS impacts markets
Standards
Link in European expansion
Link Insurance has received approval from the FSC to write business in France in its core areas of motor and household in a multi million pound capacity deal.
FSA strikes: Keith Rutter fined £20 000
The Financial Services Authority has shown it plans to follow through its policy of holding directors responsible for their actions and has imposed a statement of public censure on The Underwriter Insurance Company and fined its former CEO Keith John…
JLT: uncertainty ahead
The insurance industry is facing a period of uncertainty against a backdrop of challenges from terrorism to regulation, according to Mike Hammond, the chief executive of JLT Risk Solutions, at the JLT annual industry symposium in London: “The Insurance…
Mondial granted FSA authorisation
Mondial has been granted authorisation by the Financial Services Authority for the provision of non-investment insurance contracts, including motor warranties and roadside assistance.
Norwich Union offers help with heights
Norwich Union Risk Services is hosting a series of seminars for brokers and health and safety managers on the implications of the new Working at Height Regulations, due to come into force early 2005.
AIA announces agenda for upcoming NAIC meeting
The American Insurance Association (AIA) has unveiled its agenda for the upcoming National Association of Insurance Commissioners’ (NAIC) Winter Meeting. Issues of concern to AIA include the NAIC’s draft ‘broker compensation’ model law language and a…
Heath Lambert sets up new unit
Heath Lambert Group has announced the formation of a specialist natural resources group within its global business solutions division.
Aon and NU training schemes win praise
Aon and Norwich Union are set to become the first companies in the insurance sector to be recognised...
FSA capacity for probe questioned
Concerns have been expressed that the Financial Services Authority may not have the capacity to cond...
Parliamentary delay on Fraud Bill may prove costly
The absence of any mention of the Fraud Reform Bill in the Queen's speech this week gave the term "w...
Restructure sees Murress take charge
Loss adjuster Crawford and Company has restructured its UK business bringing its operations and tech...