Regulation
General insurers confident of achieving FSA compliance on time
96% of general insurance brokers are confident that they will be fully prepared and on time to submit their application by 14 July 2004, to seek authorisation from the Financial Services Authority, according to a report from Grant Thornton's Financial…
Kelly defends FSCS Chester Street pay-outs
The government this week insisted its arrangements for compensating solvent businesses affected by t...
Regulatory burden weighs heavy on Lloyd's players
London Market News
FSA bug impact limited
The regulation time bomb ticking under the intermediary market is more like a grenade than a weapon ...
Patching IT up
As hackers expose flaws in the software that businesses use, IT departments face further strains on their patch management strategies. Andrew Warriner explains
Nothing sinister in Gibraltar's review
With regards to the recent article, 'Gibraltar review set to tackle concerns' (PM, 12 February, p3),...
Keyboard skills
Financial services sector trade union Amicus has been campaigning across Aviva, Axa, Egg, Prudential...
No rights to sewerage claim
Marcic v Thames Water Utilities (House of Lords - 4 December 2003)
Insurers support solvency project
I would like to respond to the article, 'Insurers attack EU Solvency II project' (Post Magazine, 19 ...
Government corporate killing bill to be passed by the end of 2004
Much-delayed legislation on corporate killing is on track to be passed by the government before the ...
'Knowledge' is no argument to extend time
Mc Donnell v Congregation of Christian Brothers Trustees (House of Lords - 4 December 2003)
Insurer offers PMI switch option
Standard Life Healthcare is set to introduce a new 'switching' option for private medical insurance ...
Industry welcomes EU agreement
European insurers have welcomed the agreement reached between the European Parliament and the Counci...
The BIBA issues warning over FSA registration
The British Insurance Brokers' Association has issued a warning to those in the industry who are yet...
Groupama boosts personal accident cover
Groupama Healthcare has launched a new premium rating structure for its individual and self employed personal accident and illness cover. Brokers and intermediaries can now tailor the product to meet the individual needs of policyholders, offer cover for…
Levy by the Financial Ombudsman on complaints tilts field against brokers
The cost to insurance brokers of having a consumer complaint investigated by the Financial Ombudsman Scheme could make it uneconomic to contest many smaller claims for compensation- no matter how unjustified - said insurance law firm, Reynolds Porter…
Biba concerned by low number of FSA registrations
The British Insurance Brokers Association (Biba), has today issued a warning to those in the industry who are yet to apply for their FSA registration, that time will soon be running out.
Central Re gets stable rating from AM Best
Taiwan-based Central Re has been given a financial strength rating of A- (excellent) by AM Best, along with a stable outlook.
FSA Solutions targets brokers with software launch
FSA Solutions, a subsidiary arm of compliance specialist RW Associates, is targeting brokers with it...
Zurich Financial Services completes sale
Zurich Financial Services has completed the sale of its consumer and small commercial general insura...
FSA targets little guys
The Financial Services Authority this week addressed members of the Association of British Insurers ...
Every second counts
Regulation: Overview
Euro campaign faces new snub
A long-running campaign to bring the UK government to task over its alleged failure to properly regu...
Taking precautions
Sars