Regulation
Ringing the changes
Lloyd's Regulation
Insurers warned over risk controls
European insurers have been warned they must take the European Union's forthcoming Solvency II regul...
Roomarkable premium hikes?
The cost of insuring Wayne Rooney against injury is unlikely to rocket, despite the England striker'...
Caught in the act
Legal Comment
Swiss Re renews BFIS pledge
Swiss Re has renewed its $100,000 funding pledge for the Bermuda Foundation For Insurance Studies (BFIS) scholarship programme over a further five years.
General insurance growth at 5.3% across EU
The number of insurance companies in Europe has remained stable at around 5000 with general insurance premiums rising by 5.3% in 2003 despite the trend towards concentration, according to Gérard de La Martinière, president of the Comité Européen des…
Market reform bringing positive reaction, says IUA chairman
Efforts to reform the London insurance market are now beginning to be recognised by the sector’s international clients, Stephen Cane, chairman of the International Underwriting Association has said.
Weakening prices impacts reinsurers, claims S&P panel
Insurance companies are going to find reinsurers less and less reliable as pricing weakens in the US property/casualty market, panelists at Standard & Poor's Ratings Services Insurance Conference warned last week.
American Club announces levy on members
The American Club has said it will be imposing a levy on members to extinguish deficits it has in open years 2000, 2001 and 2002.
Ace approved to underwrite in Euro acession states
Insurer Ace has become one of the first London market insurers to receive regulatory approval to underwrite business on a 'freedom of services' basis in the 10 new European accession states.
CEA announces Martinière as new president
Former Axa chief financial officer Gérard de La Martinière has been made president of the Comite Europeen des Asssurances at the organisation's general assembly in Prague.
AM Best says European reinsurers’ ratings are stable
Europe's reinsurers have seen their financial strength stabilise after a two year period of downward pressure, according to a report from AM Best. Strong accident year results were maintained through the 1st quarter of 2004 and are expected to persist…
Penny Black's insurance week
Penny was feeling most cosmopolitan last week when the great and good of Europe's insurance press ca...
A taxing question
Claims: Tax Relief
Common market
Journalists from across Europe gathered in London last week to celebrate the Presse Internationale d...
Troubled indemnity
PI: Auditors' Liability
Ace plans to expand into Eastern Europe
Insurer Ace Europe plans to expand into Eastern Europe, with selected 'accession states' and the Rus...
ABI calls for EU breathing space
A change in the dynamic of the European Commission following last week's elections could have an adv...
Nacho set to take debt 'scandal' to parliament
The National Association of Credit Hire Operators has stepped up its battle against insurance compan...
Industry seeks own FSA solution
Insurers and brokers are expected to help risk managers circumvent Financial Services Authority regu...
Appointment at Omni Whittington
Scheme-of-arrangement management firm Omni Whittington has appointed Harry Whitcher as compliance an...
The FSA denies rumours
The Financial Services Authority this week denied rumours that veterinary practices were set to be e...
Appointment at Motaquote
Wales-based broker Motaquote has appointed Ian Brown as group compliance manager, ahead of Financial...
IUA keeps eye on regulatory creep
Marie-Louise Rossi, chief executive of the International Underwriting Association, commended regulat...