Regulation – Page 154
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News
ECJ Gender Ruling could cost insurers millions
Consultation respondents provide wide range of cost estimates
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Barbon takes a £2.5m hit following HomeLet blunder
Overhaul of procedures follows FSA inquiry into broker’s sale of home insurance
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Insurers’ wait for Solvency II continues
Parliament will not vote on the final Solvency II text until after the summer recess
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Direct Line float threatened by private equity bids
New bidders expected to pounce by the end of July
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Solvency II could face further delays, warns ABI
EU politicians fail to reach agreement on final text
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Solvency II: a moving target
Calls for the industry to move faster with compliance are at odds with bureaucrats’ feet-dragging
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Eiopa urges insurers to start using its SII reporting template
Regulatory body completes public consultation on SII reporting
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Big shake-up for brokers proposed with revised IMD
IMD II is set to outlaw product ‘tying’ and tighten up bundling and cross-selling rules
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The Lobby: The debate - Regulating CMCs
With the Ministry of Justice set to unveil a consultation this summer on toughening its supervision of claims management companies, does this sector need more regulation?
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The Lobby: Broker regulation - The IMD
The revised Insurance Mediation Directive could make commission disclosure mandatory by 2019, and brokers fear that will create extra costs at a time when they are under other regulatory pressures
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The Lobby: The OFT motor probe
The industry is holding its breath as the Office of Fair Trading mulls bringing in the big guns
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Otto Thoresen: ‘ABI has been at the forefront of calling for change’
ABI head says it has led the way in reforming the insurance market
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Existing contracts may be exempt from Solvency II
Brussels looks set to soften the impact of the directive following industry pressure
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IMD a key step in restoring consumer confidence, says Barnier
BIBA welcomes scope for new directive but raises concerns over additional costs
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BMA confident of gaining Solvency II equivalence after Brussels talks
Authority optimistic that captive exemptions will be honoured by EC
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Marsh warns debt-laden firms could struggle to get D&O
D&O in the UK will continue to have soft rates, says Marsh
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FSA confirms drop in levy but FSCS fees remain high
FSCS funding to be reviewed despite lack of political pressure on FSA
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News
A.M. Best still reviewing Aviva after management overhaul
Rating agency renews insurer’s financial strength and issuer credit ratings