Regulation
Ace claims third biggest UK GI tag
Ace European Group is now claiming to be the UK's third biggest general insurance company by premium...
Airmic demands FSA investigation
The Association of Insurance and Risk Managers has called on the Financial Services Authority to lau...
KPMG receives "unanimous support"
KPMG, the joint scheme administrator of insolvent insurer Anglo-American, said it received "unanimou...
Appointment at Chartered Insurance Institute
The Chartered Insurance Institute has announced the appointment of John Ellis as the institute's fir...
NU supports government's plans to overhaul compensation system
Norwich Union has welcomed the government's plans to combat the compensation culture.
Government confirms plans to deal with compensation culture
Claims management companies offering ‘no win no fee’ deals have one last chance to get their house in order, Constitutional Affairs Secretary Lord Falconer said today. The comments echo those of David Arculus, chair of the highly influential Better…
AM Best affirms Munich Re ratings
AM Best has affirmed the financial strength rating of A+ (Superior) of Munich Re and its core subsidiaries. The outlook remains stable. The announcement follows the publication of Munich Re’s latest financial results for the year so far.
Lloyd's broker appoints former Aon boss as chairman designate
Agnew Higgins Pickering & Company, the independently managed Lloyd’s broker, today announced the forthcoming retirement in June 2005 of chairman Tony Pickering.
RMI granted FSA approval
The Retail Motor Industry Federation has been granted full approval by the Financial Services Authority under the new insurance regulation.
Former GAB CEO to lead reverse takeover
Aquilo today said it is in “advanced stage of negotiation with the board of ABS Bodyshop Services with a view to making a recommended offer to acquire the whole of the issued share capital”.
Airmic survey: full results show brokers face snub
Almost two in five insurance buyers would rather deal with providers direct than a broker, according to a new survey published today, weeks after the Spitzer enquiry began. Alarmingly for the intermediary sector the research from the Association of…
Scor announces results for year so far
Scor has announced that its consolidated net income for the first nine months of 2004 came to €54.3m, up on the €349m it lost in the same period of 2003.
Discrimination costs to reach eight-figures
The insurance industry is facing a sharp rise in costs for discrimination in the workplace, it has b...
HSE stress guidelines could signal flood of claims
Eversheds law firm is warning companies to take new government guidelines on stress in the workplace very seriously or face a flood of stress claims.
At the cutting edge
Forensic Accounting
SFO Indie D-Day set as new inquiry opens
Senior directors of Independent Insurance have been told by the Serious Fraud Office that a decision...
Appointment at Aspen
John Henderson has been appointed to the newly created post of senior underwriter for marine and ene...
FSA looks to vet GI policy offerings
Insurers could see new product offerings scrutinised by the Financial Services Authority from next y...
Spitzer will not affect recruitment
Broker Marsh has insisted uncertainties caused by the allegations from New York Attorney General Eli...
What about the offshore risks of data protection?
From a personal perspective, I found the piece on India, 'An offshore thing' (PM, 28 October, pp14-1...
Is Independent D-Day really upon us?
This week brings more speculation that the Serious Fraud Office inquiry into Independent Insurance i...
US broker body predicts change
The insurance industry is unlikely to return to "business as usual" in the wake of New York Attorney...
Keeping a watchful eye
Professional Indemnity
Appointment at Comite Europeen des Assurances
The Comite Europeen des Assurances has appointed Olav Jones as chairman. He is head of insurance ris...