Regulation – Page 11
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News
Government steps in to address cladding cover shortage for assessors
The five-year scheme sees the government liaise with an MGA, reinsurer and technology provider to address protection gap
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News Analysis
Briefing: Autumn Statement is not all good news for insurers
Insurers with international operations or that work from the London market may face an uphill struggle when it comes to implementing the government’s new Solvency II requirements
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News Analysis
What will new regulations for appointed representatives mean for the industry?
The new AR regime is essentially ‘devolved regulation’, says managing director
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News
UK government sets out final reform plan for Solvency II
The chancellor has confirmed that the risk margin for general insurance businesses will be lowered by 30%
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News
Amazon’s online insurance store – what does it mean for the industry?
The FCA has already taken note of the potential for big tech players to disrupt the insurance market
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News
Cadbury owner settles legal battle with Zurich over $100m NotPetya cyber claim
The debate around state-backed cyber attacks has progressed due to the Russia-Ukraine conflict, highlighting the need for ‘proper’ cyber cover
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News
Current solvency capital requirements not limiting investment from general insurers – GlobalData
The UK government will need to ‘encourage’ or ‘incentivise’ firms to invest more capital if it decides to relax regulations, says senior insurance analyst
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News
FCA proposes new rules to intercept greenwashing
The regulator’s consultation on the proposed changes will be open until 25 January 2023
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News
FCA exploring big tech firms’ potential to ‘disrupt established markets’
The regulator’s move follows the launch of Amazon’s home insurance store last week
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News
Insurers welcome High Court decision in Stonegate Group Covid-linked BI case
The pub and restaurant business is planning to appeal aspects of the court’s decision, while insurers have called the judgment ‘a positive outcome’
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News Analysis
Briefing: Uncertainty - The new insurance buzzword
Being proactive around market trends and data insight is the only way to stay ahead in today’s insurance industry
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News
‘Continued, significant problems’ persist with OIC portal – Carpenters Group
The portal has performed ’far below even the most pessimistic expectation’, says law firm director
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News
Judgment reins in liability for horse owners
The case also reiterates the importance of insurance for horse and livestock owners, says partner
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News
CTP regulation provides insurers with new opportunity – CFC
Potential regulations could allow insurers to provide ‘regulatory investigation cost coverage’.
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News Analysis
Briefing: Consumer Duty - Regulatory headache or brilliant opportunity?
The FCA’s new rules underscore opportunity to boost profitability using customer experience
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News
FCA warns sector over ensuring value for consumers
The regulator has warned that customers’ mental and physical health may suffer when struggling to pay bills
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Analysis
The Big Question October 2022: What is the current state of play in the construction professional indemnity market?
Insurance Times asks industry leaders about the current construction PI market as headwinds hit the sector following the likes of the Grenfell Tower tragedy
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Analysis
Complaints fall post-pandemic, but how is the industry really faring?
Insurance DataLab picks out the choice complaints data to explore where insurers are succeeding and where they can target improvements
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News
Government-backed PI scheme for EWS1 assessors launched
The new professional indemnity scheme will fix the issue of a stalled mortgage market for mid and high-rise buildings, says chief executive
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News
Optimisation is ‘the game in town’ rather than simple pricing – RSA
At Earnix’s mid-September conference in London, RSA’s chief underwriting officer discussed how fair value might be applied to the increased quantity of products in the market