Regulation – Page 73
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NewsCoronavirus impacts more devastating than 9/11 says independent expert
Coronavirus-related impacts on insurers’ investment businesses could see premiums skyrocket
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NewsE-scooter trial raises insurance questions
The Department of Transport is in consultation over what rules should be administered to e-scooters on the UK’s roads, this includes insurance
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NewsNon-financial misconduct: Is the insurance industry proactively calling out bad behaviour?
Following the FCA’s ‘Dear CEO’ letter, is the insurance industry doing enough to create a culture of ”openness and honesty” - or is there more to be done?
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NewsQBE to stress test business due to coronavirus pandemic
Employees will be asked to work remotely and customers will be encouraged to have virtual meetings
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FeaturesWhat does Aon’s purchase of Willis Towers Watson mean for brokers?
Industry voices fear that consolidation between two of the UK’s largest brokers will lead to a ‘stagnating’ market and ‘significant change’ of the sector as we know it
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NewsBudget 2020: Record flood investment, but no action on IPT
This includes £120m to repair damage caused by last month’s Ciara and Dennis
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NewsSignificant number of Alpha policyholders still untraced, admits FSCS
Hunt is on for remainder of collapsed unrated insurer’s policyholders
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NewsInsurers and fleet operators offered supply chain continuity support amid coronavirus outbreak
It has access to 3 million quality tested, warranty assured reclaimed parts to support the vehicle repair market
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NewsFSCS steps in to protect solicitors amid collapse of insurer
The insurer has been under administration since March 2018
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NewsSmaller investments and new technologies continuing to drive M&A
As insurers prepare for post-Brexit operations law firm Clyde and Co notices some trends in deals in the UK and Europe
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NewsCoronavirus fears trigger travel insurance sales boom
But a surge in travel policies brings added risks as well as opportunities for insurers
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NewsFlybe set to collapse due to Coronavirus fallout
The airline has been facing ongoing problems for many months, but the Coronavirus outbreak in Europe has seen ticket sales plunge
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NewsAdmiral profits soar amid ‘unusually’ high reserve releases
Insurer also said its focus on profit over growth has paid dividends
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NewsCoronavirus: will ‘notifiable disease’ status be a game-changer for insurance?
Being a notifiable disease means cases have to be reported to the relevant authorities by law
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NewsKPMG 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
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Online onlyInsurance industry wants cut to IPT in new Chancellor’s first budget
A tax cut would boost insurance uptake and improve road safety, industry says
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NewsDirect Line reports fall in underwriting profit
A reduction in reserve releases and a challenging first half of the year hits the business
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NewsCII 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
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NewsCatalytic 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
