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So long, brave new dawn

The FSA is looking for nearly £580m in fees from the industry in its final year of existence, a 15% increase on the previous year.

Regulation | 03 Feb 2012

despair head in hands

Insurance to pay majority of £221m FSCS levy

The Financial Services Compensation Scheme (FSCS) has estimated the levy on financial services firms for 2012/13 will be £221m, up from £217m in April...

Regulation | 03 Feb 2012

sants-low

FSA seeks £578.4m from financial services in final year

The Financial Services Authority (FSA) has requested £578.4m in funding for 2012/13, a 15.6% increase on this year.

Regulation | 02 Feb 2012

European Court of Justice-two-towers

APPG calls for more guidance on EU gender ban

Concerns over the implementation of the gender ban in insurance pricing have been raised by the All Party Parliamentary Group (APPG) on Insurance and Financial...

Regulation | 01 Feb 2012

redundancy

The truth about redundancy

Is making redundancies always the best option for coping with financial pressure? Peter Done explores the problems and alternatives

Broker | 01 Feb 2012

Jack Straw

Straw vows to continue pushing 
on motor insurance premiums

Transport Select Committee calls for multi-government department approach

Insurer | 01 Feb 2012

protecting-client-assets

Protecting clients’ assets

The industry needs to get up-to-speed over new rules governing client assets, explains David Roberts

Regulation | 01 Feb 2012

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Lessons to learn from FSA

That broker favourite, the Financial Services Authority (FSA), has taken a bit of a pasting from the Treasury Select Committee which described the soon...

Regulation | 01 Feb 2012

westminster

Laspo bill delayed until April 2013

The Jackson reforms will not be implemented until April 2013, the government has announced.

Regulation | 31 Jan 2012

flooding-in-uk

AA warns homes may become uninsurable against flood risk

AA Insurance has called on the government to take “decisive action” before homes in flood-prone areas of the UK become uninsurable.

Broker | 31 Jan 2012

Hector Sants

Sants claims he was talked into taking top job

Hector Sants, chief executive of the Financial Services Authority (FSA), claims he was talked into taking the job and that he would never let the former...

Regulation | 31 Jan 2012

Twisting fifty pound notes between hands until water is rung out

FSCS spent nearly £400m on management expenses last year

The Financial Services Compensation Scheme (FSCS) spent nearly £400m on management expenses in the 2010/11 year as it took in nearly £1bn in levies and...

Regulation | 30 Jan 2012

martin-wheatley

FCA chief vows to end laid back regulation

The Financial Conduct Authority (FCA) needs to make better, bolder, faster decisions and will not lie back and let financial markets run themselves.

Regulation | 27 Jan 2012

sandy-scott-and-steve-lewis

Zurich wins Chartered Insurer status

Zurich has been granted Chartered Insurer status by the Chartered Insurance Institute (CII).

Insurer | 26 Jan 2012

fraud-clippings

Ex-Groupama claims chief appointed as IFB director

Phil Bird has been appointed full-time director of the Insurance Fraud Bureau (IFB) on a six month secondment.

Insurer | 25 Jan 2012

Comment

martin-friel-0710-editor-insurance-age

Editor’s letter - February 2012

“It’s not that I want to make you all feel bad it’s just that, for brokers, there hasn’t been a lot to be cheerful......

Viewpoint

tony-bloomer

The tide is turning

Brokers are slowly realising the potential of schemes to boost profits, explains Tony Bloomer

Agenda

Tony Cornell

Are you a visionary or a strategist?

Really successful businesses are led by visionaries or strategists, but the UK insurance industry seems to be lacking both,......

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