Politics
Risk carrying captive launched in Gibraltar
Broker A&A Group has launched a risk carrying captive in Gibraltar to sit alongside its existing panel of UK motor insurers.
Double venture heralds return of Lord Sheikh
Lord Sheikh is set to return to the market with two new public limited companies.
Editor's comment: Chartis an unlikely saviour
With businesses warned only last week against complacency following another high-profile failure in the UK — this time social housing giant Connaught — news of being able to secure up to £10m in short-term loans from trade credit insurer Chartis will…
“Need for improvement in insurance regulation” Swiss Re warns
A study from reinsurer Swiss Re has found that despite the insurance industry's performance during the financial crisis, the turmoil exposed “flaws” in the way insurers are regulated.
NZ earthquake losses to near £3bn
Reinsurers are set to be primarily impacted by the 4 September earthquake near Christchurch, New Zealand.
Warning over rise in discrimination claims
A law firm has warned insurers and brokers they may be exposed to a rise in claims following implementation of a new "three strikes rule" regarding workplace discrimination, due to come into force on 1 October.
Mixed reaction for new EU finance bodies
The creation of three new European supervisory authorities and a European systemic risk board has been welcomed by the government.
Interview - Sandy Scott: Discovery continues for tireless Scott
As CII chief executive Sandy Scott notches up a decade at the helm of the institute, he talks to Lynn Rouse about change, challenges and his critics, plus the professionalism agenda he is intent on pursuing.
BIS countdown - outsourcing innovation: Major makeover
As growth demands surpass in-house capabilities, Jeremy Owenson looks at how modern day outsourcing can more easily produce mutually beneficial solutions.
Margaret Cole to join FSA Board
Mark Hoban MP, financial secretary to the Treasury, has confirmed the appointment of Margaret Cole to the Financial Services Authority Board, with effect from 7 September 2010.
Deloitte warns insurers ahead of IPT changes
Accountancy firm Deloitte has warned insurers to prepare for the incoming IPT changes, due to be implemented in four months time.
Conservatives welcome creation of Euro super-regulator
The Conservatives have welcomed an agreement between the European Parliament and the Council of Ministers over the creation of three new European Supervisory Authorities and a European Systemic Risk Board.
Conservatives welcome creation of Euro super-regulator
The Conservatives have welcomed an agreement between the European Parliament and the Council of Ministers over the creation of three new European Supervisory Authorities and a European Systemic Risk Board.
UK-Indian traing relations: A passage to India
The UK has long looked at India as a trading partner, especially its outsourcing sector. Following a recent visit by a delegation led by the Prime Minister, Daniel Dunkley looks at how the insurance industry is building its own links with the country.
BIS Countdown - Mike Morrisey: The international agenda
The International Insurance Society claims to be the largest multinational organisation of its kind, with almost 1000 members from more than 90 countries. Ahead of his keynote address at the British Insurance Summit, president and chief executive Michael…
Career development & CSR news: Gender Salary Survey — Insuring against inequality
This year marks the 40th anniversary of the Equal Pay Act 1970. This should be an auspicious occasion but recent research from the Chartered Management Institute has revealed any celebration would be premature. Four decades on from when this legislation…
Career development & CSR news: Pre-schoolers are taught to go green
Pre-school children are being encouraged to live more sustainably after The Green Insurance Company provided funding to extend the eco-schools programme to nursery schools and other early years establishments.
Inside view: Part of the solution
As we enter a difficult hurricane season, witness record monsoon rainfall in Asia and continue to count the costs involved in the Deepwater Horizon incident, is it time to look at these increasing environmental problems from a different perspective, asks…
Tree root damage claims cost over £37m
The public risk management association, Alarm, said that the issue of subsidence damage to property and the cost of related claims, where tree roots are seen as the main cause of the damage, is one that concerns many of its members, particularly those in…
Climate change - renewable energy: Investing in the future
With high targets on reducing carbon emissions, Daniel Dunkley asks if the government has the political will to invest in renewable energy and how the insurance industry can benefit.
Legal update - litigation funding: Containing the genie
The role of private litigation funding has become a live issue, with collective redress systems being proposed throughout Europe. Robert Hammesfahr explains why fears of abuse and soaring costs may be unfounded.
Climate change - flood defences: Manning the defences
With the government cutting the budget for flood and coastal risk management and the coming expiry of the Statement of Principles, Amy Ellis looks at the future of flood defence.
Health insurance - IPT rise: A bitter pill
With the failure of the industry's efforts to persuade the Treasury to freeze, or indeed lower, insurance premium tax on private medical insurance, Veronica Cowan looks at what it would take to lobby more effectively.
Cyber risks: Something in the air
The controversial Digital Economy Act has threatened the provision of free wireless internet access from the hospitality and retail industry. Mark Wilcox examines the risks faced by those that continue to provide the service.