Regulation
EU bans single-hull tankers
The European Union has finalised new legislation to ban the use of single-hull oil tankers in Europe...
Arbitrate, don't litigate?
This review of a recent appeal court decision considers a potential new threat to arbitration agreements
A passport for Europe
How far off is regulation of the European reinsurance sector?
Diary
JANUARY 2004 14-16 Association pour les Management des Risques et des Assurances de l'Enterprise 20...
Reweb
First seen on the Reinsurance website www.insurancewindow.net
No more beating about the bush
Capital Management
Avoid the harassment hangover
Employer Liability
Gender: insurers fight ban
John Greenway MP has called on insurers to get behind the Association of British Insurers and lobby ...
Tribune may be hit with police action
The collapse of Edinburgh-based underwriting agency Tribune Risk & Insurance Services has left a tra...
ACII status guaranteed under new CII training framework
Responding to Sue Hibberd's letter last week (CII raises concerns among members as training regime c...
Zurich to outsource IT staff to IBM
Zurich Financial Services is transferring 164 IT staff to IBM as part of a global outsourcing deal a...
Signs of life in the market?
Review of the Year: Life
Insurers face solvency issue
UK insurers will continue to increase profitability into 2004 despite the slowing of rate increases,...
Simon Morris says insurers should keep FSA fully informed
Simon Morris, partner, CMS Cameron Mckenna, said insurers must keep the Financial Services Authority...
The science of compliance
Complacency is rife within the financial services industry as most companies are failing to prepare ...
Fitch affirms Axa ratings
Rating agency Fitch has affirmed the Axa group's major insurance entities' Insurer Financial Strength ratings at 'AA'. The Outlook on the group's ratings remains stable.
Prudential hires CEO for Asian office
Prudential's Asian subsidiary has announced the hiring of a new chief executive, with Mark Norbom set to join the firm from General Electric.
Government warranty reforms a 'missed opportunity'
The Government's decision to exclude extended warranties from statutory regulation is a missed opportunity to improve consumer protection, according to the Association of British Insurers.
Scott calls for sea-change in insurance industry attitudes
Dr Sandy Scott, director general of the Chartered Insurance Institute has laid out his vision for the future of training and competence in the insurance industry.
Fitch maintains negative outlook on reinsurance market
Concerns over reserve adequacy have led Fitch to maintain a negative outlook on the reinsurance market, the rating agency said today as part of its outlook for 2004.
Jackman steps down at Skills Council
The Sector Skills Council for Financial Services (in development) has announced that David Jackman is to become special advisor to the board, having acted as chief executive during the start-up phase.
Windsor reports growth in profits
Listed broker Windsor today reported a 21% increase in pretax profit to £4.04m for the 12 months ended 30 September. Brokerage and fees for the year under review increased by 4% to £18.04m.
Paddick calls for stricter wholesaling regime
Following the collapse of intermediary Tribune Risk & Insurance Services, Institute of Insurance Brokers director general Andrew Paddick said that the Financial Services Authority should seriously consider making the "wholesaling of insurance" subject to…
CII welcomes government training review
The CII has welcomed the Treasury and Inland Revenue discussion paper — Delivering an Incentive for Membership Bodies to Provide Work Force Development — which was announced in the chancellor's pre-budget statement this week.