Regulation – Page 74
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NewsHastings shares fall again as claims issues continue to bite
Rising third party credit hire cost, repair costs and mid-range bodily injury costs accounted for the claims inflation
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NewsInsurtech UK raises IPT concerns for sector
It has urged HMRC to undertake a full assessment of how the proposed changes affect insurtechs
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NewsLondon Market construction group launched by IUA
It will meet on a monthly basis and liaise closely with the IUA’s Professional Indemnity Forum
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NewsClimate protesters target Baden Baden insurance conference
Non-for-profit initiative, Unfriend Coal says that by mid-2018 seven reinsurance companies controlling 45% of global reinsurance premiums had reportedly divested
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NewsBrokers warned clock is ticking on SMCR
It could prove to be one of the most “complex and taxing” issues for the insurance industry as it has been for other sectors like banking
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NewsHow a no-deal Brexit could affect reinsurers?
Brokers have a key role to play in natural catastrophe and weather events, and reinsurance will not be affected in the same way as insurance
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News AnalysisFCA ready to pounce on premium financing if it finds ‘harm’
Industry is worried the regulator is gearing up to attack premium finance, a vital source of revenue for brokers and insurers
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News AnalysisAnalysis: Should premium finance-earning brokers worry about the FCA?
Insurance Times investigates what the impact of the FCA’s latest proposed actions on motor commissions might mean for brokers
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Online onlyREVEALED: The most complained about brokers and insurers
The FCA complaints data reveals the most complained about insurance companies over the first half of 2019
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Online onlyMotor insurance most complained about insurance product - FCA
The regulator received nearly 250,000 motor and transport insurance complaints over the first half of the year
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NewsBrokers warned on premium finance amid latest FCA action on car commissions
The move could put some brokers out of business due to the way they make a profit
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NewsNew underwriting society to target consumer confidence
More than just a name change, says new chairman and industry veteran David Williams
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Online onlyBuilding standards clampdown heralded by insurers
Government announced a toughening of building standards and tougher penalties for those that fail to meet them
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Online onlyBrexit fears fail to dent London market growth
Increase in income across the traditional business lines and a growth in the premiums from emerging risks seen last year
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NewsInsurers seek broker help to highlight hauliers’ green card needs
UK drivers will need to carry a green card as proof of insurance when they travel across the EU or the EEA if the UK leaves without a deal
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Online onlyBriefing: Another Quindell? Why the decline of the equity analyst matters
Regulation has accelerated hard times for equity analysts - but general insurance needs good quality professionals to help prevent harm to investors
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Online onlyUK insolvency warning amid Brexit uncertainty
Global insolvencies are rising for the first time in a decade with the greatest uptick seen in the UK
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NewsFCA issues fresh Brexit passporting warning
The FCA has been prescriptive on UK firms and their plans for a no-deal Brexit with all regulated underwriters having to provided detailed information on its ability to operate under a no-deal scenario
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NewsBroker steps in with ‘alternative solution’ for Alpha policyholders
Invalid policies can have serious repercussions for homeowners who may be in breach of their mortgage terms if they do not hold a structural warranty or suitable solution for property under a decade old
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Online onlyGreen card warning as most UK motorists unaware of post Brexit requirements
Over half of the UK motorists in a poll were unaware they will require an insurance green card from 31 October if the UK leaves with no deal
