Regulation – Page 68
-
News
KPMG says increase in 10-year government bond yields is ‘music to insurers’ ears’
The firm’s economics team estimates a 1.9% uptick by the end of 2024
-
Online only
Insurance industry wants cut to IPT in new Chancellor’s first budget
A tax cut would boost insurance uptake and improve road safety, industry says
-
News
Direct Line reports fall in underwriting profit
A reduction in reserve releases and a challenging first half of the year hits the business
-
News
CII launches new chartered status for MGAs
Manchester Underwriting Management, Geo Underwriting and Xbridge, trading as Simply Business, are the first three MGAs to qualify for chartered status
-
News
Catalytic converter theft on rise as rhodium prices soar
Theives are exploiting a loophole in the law that called on dealers to run checks on where the metals had come from
-
Online only
Solvency requirements have reduced insurer failures across Europe
New research from KPMG reveals number and size of insolvencies has fallen since the Solvency I regime was introduced in 2004
-
News
Personal injury solicitor struck off after favouring CMCs over clients
The culprit made multiple breaches and failed to act when concerns were raised by third party insurers and the Motor Insurers Bureau
-
News Analysis
Proposed premium finance commission rules – what does it mean for brokers?
An update to premium finance commission rules means brokers may have to disclose the amount of commission they are charging
-
News
Kennedys launches tool aimed at allowing insurance clients to self-serve claims
The new platform could save insurers and brokers time and money when getting legal advice as well as recovering written-off costs and helping underwrite future risk
-
News
Open Insurance – the initiative that could change the market
In an industry with so many players, open insurance could make data sharing slicker and improve customer retention by increasing trust, but some fear it could be a direct threat to brokers
-
News
Insurance sector begs MIB not to waste LiP portal deadline extension
The industry fears that amendments to the LiP portal are at the cost of consumer detriment
-
-
Online only
DWIC 2020: Are African countries the new frontier for insurance?
With a rapidly expanding population and some of the fastest growing economies in the world, Africa could be a rich seam for insurers who make the right move
-
Online only
DWIC 2020: Industry mulls how to meet the needs of the global insurance consumer
Consumer Intelligence chief executive Ian Hughes opens DWIC 2020 with a look at the consumer of the future, and what is driving change in the insurance industry over the next five years
-
News
MGAs in line for Lloyd’s syndicate-in-a-box bids
Higher than expected number of bids to launch syndicates, Lloyd’s chief said
-
News
FCA apologises for major data breach
The regulator admitted that the names, telephone numbers and addresses of some people had been mistakenly published
-
News Analysis
Green issues forced onto insurance agenda
This is the year where the insurance industry can no longer ignore green issues
-
Online only
Broker banned from placing policies
Grimsby-based firm also told to refund premiums by 9 March
-
News
Government plans to extend dormant assets scheme to encompass insurance sector
Dormant insurance policy proceeds could be re-directed to aid good causes
-
News Analysis
PRA’s cyber policy changes leaves firms at risk of being under-insured – Mactavish
Greater transparency welcomed but many businesses face extra bills for cyber insurance add-ons compliance firm says