Regulation – Page 137
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Actuarial departments need to be redefined for Solvency II
New regulations mean actuaries will be more involved in risk management
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News
Most consumers are satisfied with household and travel claims – FCA
Regulator will not propose new requirements or change the rules after thematic review
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Breaking News
CII reports 22% rise in ethics breaches
Professional Standards Board dealt with 311 non-CPD cases in 2013
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News
FCA and PRA have ‘poor understanding’ of insurance – survey
Regulators see industry as ‘remote, inaccessible and a little bit stuck in the past’
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Features
Regulation Report Part 2
To help you make sense of the changes in the regulatory landscape since the FCA took over from the FSA in April last year, Insurance Times, in association with the Chartered Insurance Institute, is creating a series of five reports focusing on a different area of regulation as it affects ...
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News
Chancellor blasts FCA for insurance probe leak
News of probe sparked sharp drop in insurers’ share prices
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News
FCA to probe commercial claims handling
Cover holder conflict of interest review also revealed in regulator’s business plan
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News
Calls for FCA head to resign after life insurance gaffe
Share prices tumbled after misleading information given to press
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LV= boss agrees motor industry is 'broken'
John O’Roarke says Competition Commission probe is an opportunity for the industry to rescue its reputation
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New regulators will cost £664m
The FCA and PRA will cost 24% more than their predecessor
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Lloyds Banking Group cutting PPI compensation by as much as 25% – reports
Bank has been using ‘alternative redress’ to reduce the amount it has to pay out for mis-sold PPI policies
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Bribery a growing concern – British Standards Institution
Companies need to make sure they have effective anti-bribery measures in place
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Brokers encouraged to put their own interests ahead of their customers' - survey
An Insurance Times survey reveals the pressures on brokers to choose certain carriers
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News
Besso fined £315,000 for weak bribery controls
FCA found controls on commission risked corrupt payments
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News
Argos owner sets aside £25m for PPI compensation
Argos owner Home Retail Group has set aside £25m to pay compensation for mis-sold payment protection insurance (PPI).It commissioned an independent investigation in response to the FCA’s industry-wide review and will start to pay compensation for the product, which was sold through its financial services arm to Argos and Homebase ...
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UK Broker Regulation report: Broker financial reporting all set to change
Read a free excerpt from the Insurance Times UK Broker Regulation report
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FCA: Add-on distributors have ‘clear point of sale advantage’
Regulator says market power of distributors means insurers receive less than 8% of the premium for certain add-on products
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News
Gibraltar insurers face 12% regulatory fee hike
Brokers’ fees will increase by 9% under new FSC proposals
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UK Broker Regulation report: Biba's fight to make UK broking less costly
Read a free excerpt from the Insurance Times UK Broker Regulation report