Regulation – Page 119
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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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NewsDirect personal lines insurers is key priority for CII’s Sian Fisher
Fisher talks to Insurance Times about plans to drive forward professionalism
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NewsAXA’s Blanc: rival Allianz’s Insurance Act plan is ‘a bold move’
GI chief executive hails turnaround of direct motor business but notes challenges on brokered side
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NewsABI rejects PRA plans for Solvency II annual audits
Plan could lead to five-fold increase in audit fees, ABI says
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NewsAnalysis: The FCA needs to know everything – even your driving convictions
The FCA’s rules on disclosure are strict, but there is still confusion about how much detail you need to tell the regulator to become an FCA authorised individual. Solicitors Geoffrey Miller managing director Jeanette Miller gives some guidance
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NewsSRA proposes changes to solicitors’ PI policy terms
Changes designed to bring terms into line with Insurance Act
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NewsGallagher seeks court order against MGA
Gallagher wants an injunction in dispute over confidential information use
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NewsInsurers face problems dealing with Solvency II data requirements - PwC
Warning that failure to manage data could result in breaches and fines
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NewsGovernment calls for early review of Solvency II amid competition fears
The Treasury and Bank of England have written to the European Commission - also calling for wider review
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AgendaAnalysis: Solvency II is set to reshape Gibraltar market
Some firms, including Enterprise, have missed the 1 January deadline, while Octagon makes the cut after pumping in £15m of capital
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NewsGibraltar insurer Enterprise missed SII capital deadline
But chief executive insists the company will meet requirements in three to six months
