Regulation – Page 71
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Online onlyUnrated carrier Gefion has ‘serious liquidity problems’
Danish Regulator gives stark warning about Gefion
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NewsEXCLUSIVE: iPrism and specialty insurer join forces in multi-year £30m capacity deal
The firm will be able to underwrite more tradesmen products despite a hardening market
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IT InterviewCommercial property market needs to ‘manage claims costs’
AXA Commercial’s executive managing director says hardening rates and the challenge of unoccupied properties is impacting claims costs in the commercial property arena
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NewsGoCompare calls for action to reduce impact of loyalty penalty with five-point plan
Auto-renewal may have a bad rep, but it’s there to make sure people do not go without cover, the aggregator says
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NewsWhirlpool washing machine recall poses claims threat due to lengthy logistics
The sheer magnitude of the operation could put pressure on insurers as customers wait for a replacement or repair
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FeaturesWaste worries local authorities as Brexit looms
If the Brexit trade deal imposes a tariff on exporting waste, how will this impact on the insurance and reinsurance propositions for local authorities and waste management plants?
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NewsFCA and Bank of England to develop data strategies
The data-driven approach could include the implementation of digital regulatory reporting
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NewsLiP portal to enter next stage of testing this month
The MIB confirms that feedback so far has been ‘very positive’
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Online onlyFCA in strongest warning yet to insurance bosses over bad behaviour
It could mean that the FCA could withdraw or not give approval status to senior bosses that fail to control rogue behaviour
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FeaturesClaims culture hampers Irish sports clubs from obtaining public liability cover
But legal reforms in Ireland could be the answer for struggling sporting facilities
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NewsGallagher becomes preferred broker for Greater Manchester councils
The broker wins a four-year appointment to work with 10 local boroughs
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NewsAXA UK and Brokerbility Academy offer management training for broker leaders
The sessions target prevention and intervention around themes such as bullying
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AgendaIncreased fire risk highlights insurance concerns on bigger container ships
The risk from undeclared or misdeclared hazardous cargo has grown substantially
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NewsIUA targets cyber warfare and climate change in 2020
The IUA will also update members on Brexit-related issues
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NewsSRA opts not to change lawyers’ minimum professional indemnity cover
The authority will be maintaining the existing ‘one-size-fits-all’ model
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NewsAlmost 250 insurers pull out of Irish market in the last six years
And nearly half of those have left in the last two years
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NewsGefion ‘working on several solutions’ as Danish regulator sets liquidity deadline
The unrated insurer says it hopes a series of measures will turn its fortunes around
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NewsInsurers breathe sigh of relief as election delivers certainty
Boris Johnson remains as prime minister with majority win
