The FSA has published a consultation paper outlining its proposed changes to insurer's annual returns.
In CP202: Insurance regulatory reporting: changes to the publicly available annual returns for insurers, the FSA proposes to amend the reporting requirements to make them less onerous for smaller firms and on less material lines of business.
The major proposals for general insurers concern new standardised reporting categories for current risk groups and accounting classes reported.
The FSA said that its proposals will sit alongside the future International Accounting Standard changes.
The consultation period closes on 31 December 2003, with the proposals to come into effect for financial years of firms ending on or after 31 December 2004.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
