Regulation – Page 113
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NewsAdvertising watchdog raps Ageas Retail over ‘misleading’ mail ad
The Advertising Standards Authority (ASA) has upheld a complaint from a customer about a marketing mail sent by Ageas Retail brand RIAS. Ageas Retail is the broking and affinity division of insurer Ageas UK. It includes over 50s brands RIAS and Castle Cover. The person complained ...
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NewsFCA reviewing GI broker professional indemnity cover
The FCA is reviewing the professional indemnity (PI) insurance protection that general insurance brokers buy to cover the cost of negligence claims made against them by clients. The study is running alongside a separate piece of work the FCA is doing on PI cover for independent ...
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NewsFCA launches regional general insurance events for smaller firms
The FCA is planning to roll out programme of regional events called Live & Local for smaller firms this year. The events programme will focus on three main sectors: investments, mortgages and general insurance. The roll-out follows a successful pilot in 2015, the regulator said in ...
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NewsFCA levy on insurers and brokers to decrease in 2016/17
Funds cover cost of FCA’s regulatory activities
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NewsNew credit hire row sparks questions over state of market
Insurers continue to desire tough regulatory action as latest case highlights issues with credit hire
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NewsFCA: general insurance complaints dropped 3% in second half
Consumers made 296,505 general insurance complaints in six months to 31 December 2015
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NewsPRA deputy tipped for top role
Lyndon Nelson is among a group of candidates who have been interviewed for the role of PRA chief executive - reports
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NewsCMA to launch fresh probe of price comparison sites
The competition regulator wants to find out if problems exist in the sector
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NewsPoor communication is still big driver for motor complaints to FOS
FOS said when insurer fall back on jargon like “misrepresentation” or “fault claim” it can leave people frustrated
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AgendaAnalysis: More needs to be done to tackle spurious PI claims
The number of claims going through the MoJ’s RTA claims portal is falling, but that does not mean the market has finally turned.
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NewsS&P: Too-big-to-fail insurer rules face delays
2019 deadline for new capital standards is ‘overly aggressive’, said ratings agency
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NewsInsurance industry angry at Osborne's further IPT increase
Biba ‘astonished’ at Osborne’s second IPT rise; ABI says rise is ’disappointing’
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AgendaAnalysis: FCA urged to probe commission payments in property
Industry experts say questionable practices continue in property insurance and Competition and Markets Authority is to update report that uncovered excessive commission rates
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NewsAnalysis: Companies’ top five non-physical risks
Insurance IT company Xuber Xposure director Justin Davies outlines for our sister publication GR the top five types of insurable non-physical damage
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NewsAnalysis: New UK rules prevent senior execs from evading poor past
New regulations governing job references for senior executives moving between insurance firms are to be published in March. Senior employment lawyer Nick Wilcox of Brahams Dutt Badrick French explained the new rules and their implications to our sister publication, GR.
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NewsAnalysis: Solvency II – they think it’s all over … it’s hardly started
There’s plenty more to come on Solvency II, according to Ashley Smith, senior vice-president of business development for specialist Solvency II funds data consultancy Silverfinch. Our sister publication Global Reinsurance reports
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NewsInsurers' results highlight Solvency II differences - Fitch
Ratings agency looks at effects of diversification, investment and risk strategies on Solvency II ratios
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