Regulation
Insurance premium tax frozen as Brown delivers 2004 Budget
Chancellor Gordon Brown has frozen insurance premium tax in the 2004 budget, despite expectations he would make an increase to take advantage of rising rates.
Lee-Moore joins Heath Lambert
Heath Lambert has announced that Debra Lee-Moore has been appointed a divisional director of internal risk management at the company’s London office.
Peignet promoted at Scor
French reinsurer Scor has announced that Victor Peignet has been appointed managing director of its large corporate accounts division and will become a member of the group executive committee.
City still unsure of FSA
The status of the Financial Services Authority among City staff is rising but still showing scope for further improvement, according to a survey by Wide Learning, which provides e-learning used to train many City staff on FSA regulated legislations.
Heath Lambert sells Australian business to Marsh
Broker Heath Lambert has announced that it has sold Heath Lambert Australia, based in Sydney, to Marsh.
Criminal charges brought against Insurance Commissioner
Criminal charges were brought last week against Oklahoma Insurance Commissioner Carroll Fisher, and ...
Insurer warns of open sky threat
A leading London Market aviation insurer has warned of the threat to underwriters and brokers from p...
PwC: shareholders to drive risk focus
Risk Report
Appointment at The Davis Group
The Davis Group has made several appointments. Peter Bridges and Bryn Jones have been made directors...
Clark to chair new claims faculty
Jonathan Clark has been confirmed as the chair of the Chartered Insurance Institute's new claims fac...
Appointment at Talbot Underwriting
Darren Redhead has become deputy underwriter at Talbot Underwriting. He will assist with the managem...
The FSA assures policyholders
The Financial Services Authority this week sought to assure policyholders of unauthorised underwriti...
ABI: D&O reforms are "overdue"
The Association of British Insurers has called for the liberalisation of the indemnification regime ...
Thought for food
Risk Report
New home for broker
Willis plans to occupy a new UK headquarters in the heart of London's insurance district. The facili...
Dangerous advice
Risk Report
Annuity and Life Re finds error in Q3 2003 results
While announcing its 2003 results Annuity and Life Re has had to restate its Q3 announcement. In the third quarter the company incorrectly released approximately $3.8 million of liabilities associated with its Transamerica annuity reinsurance contract…
Clark to head up new Claims Faculty
Jonathan Clark has been confirmed as the chair of the Chartered Insurance Institute's new Claims Faculty, a joint venture which has been formed by the CII following a merger with the Chartered Institute of Loss Adjusters' Society of Claims Technicians,…
S&P releases gloomier outlook for IORe
Standard & Poor’s (S&P) has revised its outlook on Inter-Ocean Reinsurance (IORe) from stable to negative.
Time to test yourself: A selection of questions from various past CII qualification papers
Studying for Chartered Insurance Institute exams or just want to test yourself? See how you fare with these questions - answers below
FSA help for broker bosses
Beachcroft Wansbroughs Consulting has developed a new service to help directors of brokerages unders...
Omni Whittington appoints KPMG to aid Reliance run-off
Omni Whittington Group has appointed KPMG as scheme advisers for the run-off of Reliance National Insurance Company (Europe).
Ecclesiastical to continue cutting lines, predicts S&P
Rating agency Standard & Poor's today said that it expected Ecclesiastical Insurance to continue to “refine” its business profile and cut non core business lines. The prediction came as it affirmed the insurer’s 'BBB+' long-term counterparty credit and…
FSA shortfall alarming
We welcome the warning issued by the British Insurance Brokers' Association, highlighting the shortf...