Politics
MoJ job cuts "inevitable" claims union
About 15 000 jobs are at risk at the Ministry of Justice as a result of looming budget cuts, according to a trade union.
FSA outlines tough stance on PPI market
The Financial Services Authority has published a policy statement confirming a package of measures to protect consumers in the Payment Protection Insurance market.
Jackson Review increasing demand for BTE Insurance
First Assist Legal Protection claims the Jackson Review has led to a “surge” in business for 'before the event' insurance cases.
Public sector spending cuts: Cutting costs
The government's rumoured spending cuts look set to hit the public sector hard. Sam Barrett examines the implications for insurance and risk management in the market.
View from the top: Singing from same sheet
Despite being an industry that is not short of executives with opinion, and whose job is to take a view on risk, insurance collectively is a 'shrinking violet' — with no body or mechanism whose job it is to speak out on behalf of the industry.
BIS countdown - Douglas Williams: Speaking economically
With a track record in successfully predicting the economy, Douglas McWilliams gives Jonathan Swift his current forecast.
FSA staff resignations rise 128%
There has been a 128% leap in the number of staff resigning from the Financial Services Authority in one year as the government proposes to abolish the regulator, according to Reynolds Porter Chamberlain.
Flood risk budget is slashed
The Environment Agency's budget for flood and coastal risk management has been slashed by £30m, following the government's plans to cut public spending by £6bn.
Postscript - 30 years ago: P&I club braced for record loss
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 30 years ago reveals.
Career development & CSR news - CII: complete overhaul of skills landscape needed
The Chartered Insurance Institute has claimed that the UK's "entire skills landscape" must be overhauled if the country is to compete with other global economies.
Broker focus - exit options: Feathering the nest
Finding a favourable exit during the economic downturn has proved tricky for broker owners. Leigh Jackson reports on how the tide may be turning for those looking to sell.
Plaques compensation scheme opens
The government’s pleural plaques former claimants payment scheme has opened for applications today.
Post Europe Q&A - Jubilee Europe
In the latest of a regular focus on European insurance companies and brokers, Post Europe talks to Theo Van Der Mark, managing director of Jubilee Europe BV, part of the Jubilee Group about the Dutch insurance market.
Investment in flood defences must be a government priority
The Association of British Insurers who has warned today that as climate change increases flood risk, the coalition government must make investment in flood defences a priority despite the squeeze on spending.
Aviva and Xchanging bosses outline Indian plans on Cameron trade relations trip
Aviva wants to boost its stake in its Indian joint venture to 49 percent as soon as regulations allow, according to a report on Reuters.
Legal update - mesothelioma: Music and mesothelioma
With the high-profile death of former Sex Pistols manager Malcolm McLaren, mesothelioma fell under the spotlight once more. Neil Hackett examines the continuing difficulty in pinpointing exposure.
Consolidation - global brokers: Too big for their boots?
The creation of the global broker in the 1980s resulted in a dominant few. David Trezies asks whether this consolidation has produced any tangible benefits for clients.
BIS countdown - Sean McGovern interview: Getting to grips with government
Lloyd's general counsel Sean McGovern talks to Jonathan Swift about the incoming Solvency II directive and his role building relationships with the new government.
The claimant's view: a sledgehammer to crack a tabloid nut
On 15 July, David Frost, director general of the British Chambers of Commerce, told a joint meeting with the Trades Union Congress — entitled 'Is Deregulation Dead?' — that his members are generally happy with and understand health and safety regulations…
Government accused of 'self interest' over Jackson
Legal expenses insurers have accused the government of serving its own interests following its decision to discuss the implementation of the Jackson Review this autumn.
Insurers concerned over double regulatory burden
The lack of detail concerning the regulation of the Lloyd's market could mean insurers there have more influence than others over the eventual shape of their replacement regime for the Financial Services Authority.
Beachcroft warns of cost of reform
Dan Preddy, financial services litigation partner at Beachcroft, has responded to publication of the Treasury consultation paper on financial services regulation.
Allianz backs “positive” Jackson Review consultation
Insurer Allianz has backed the government’s consultation on implementing sections of Lord Justice Jackson’s Review of Civil Litigation Costs.
Master of the Rolls welcomes Jackson review plans
Master of the Rolls Lord Neuberger has backed the government’s decision to launch a consultation aimed at implementing the recommendations of Lord Justice Jackson’s Review of Civil Litigation Costs.