Regulation
Commentary - Compensation limit to be tripled
The Law Society recently agreed to triple the maximum compensation solicitors can be ordered to pay ...
What the papers said this week
The Times Aviva is considering plans to outsource the management and ownership of its six million s...
FSA "got it wrong" declare brokers
Two senior broking figures have hit out at the Financial Services Authority's decision to reject the...
Regulation - There may be trouble ahead
Strategic Focus
Listening regulator nears its goal
The Financial Services Authority has always said it will listen, and its near final rules published ...
Appointment at Clyde & Co
Insurance partner Hermes Marangos, formerly with Cozen O'Connor, has recently joined the internation...
Names push for flexible market
Lloyd's Names are pressurising members' agencies to alter their fee structures, which will allow pri...
Munich Re will not buy ratings.
Munich Re will not raise additional capital in a bid to please the ratings agencies after recording ...
Legal reforms update will maintain insurers' efficiency.
Law reform - understanding the modern legal system: Curbing your costs Tuesday 21 October, London...
A country practise?
Veronica Cowan raises the bar on the CCBE's influence on the conditions of lawyers working in a member state of the EU, other than the one they qualified in.
Snowball urges FSA to quell Euro-vision.
Patrick Snowball, Aviva's group executive director, general insurance, has urged the Financial Servi...
Penny Black's insurance week.
While strolling through the city recently, on her way to the IUA, Penny was almost stopped dead in h...
Foreign reinsurers tighten their grip.
Foreign reinsurers have tightened their grip on the US reinsurance market, according to a new report...
Run-off set to maintain its size for some time.
The £33bn run-off market for UK general insurance looks set to maintain its size for some time come,...
Liberty sets up Paris office
Liberty Mutual subsidiary Liberty Syndicates has set up an office in Paris as a part of its push to d...
Fitch still negative about reinsurance sector
Fitch Ratings has announced it is maintaining its negative outlook for the global reinsurance sector,...
New survey shows size of run-off market
More than £4bn of shareholders' funds is being tied up in run-off business at UK non-life companies, ...
CEA adds to IAS criticism
The Comite Europeen des Assurances (CEA), Europe's federation of the (re)insurance industry, has wel...
Ratings
Swiss Re has had its financial strength and counterparty credit ratings lowered by Standard & Poor's...
Claims - Rising to the challenge
In the current climate of mixed fortunes for reinsurers, changes in claims management are imminent and essential
US regulators hit out against asbestos litigation
US regulators have appealed to the US Congress to make any future asbestos legislation fair to insur...
Claims - Points of concern
As asbestos and other toxic torts prove increasingly problematic for reinsurers, the industry needs to be suitably armed with adequate claims management procedures
Max Re gets Irish thumbs up
Max Re subsidiary Max Insurance has received the go-ahead to write non-life insurance in Ireland fro...
The walls are coming down
China is becoming a land of opportunity for foreign reinsurers, but it may be a while before its full potential can be exploited