Regulation
Biba voices concerns over FSA proposals
The British Insurance Brokers' Association (Biba) has voiced its concerns over the proposals contain...
Ace launches Ace Evolve
Ace has launched Ace Evolve, a combined insurance and risk management policy for mid-sized UK and Ir...
MMC reports consolidated revenue
Results
FSA varies permission
The Financial Services Authority (FSA) has varied the permission of Leicestershire-based insurance a...
FSA sets PPI deadline for lenders
The Financial Services Authority (FSA) has turned the screw on lenders who sell single-premium payme...
Aon and BAE Systems commit to 5 year insurance deal
BAE Systems has become the first private sector business to adopt Aon's aligned long term programme (ALTP), which is an insurance package supporting long term financial planning.
Biba "alarmed" by FSA fee and levy proposals
The British Insurance Brokers' Association (Biba) has voiced its concerns over the proposals contained in the Financial Services Authority (FSA)'s Consultation Paper CP09/7.
Property specialist predicts significant sector growth
PropertyRisks, the property insurance specialist, has created a dedicated broker support unit and doubled the size of its Eastleigh premises.
Marsh Q4 revenues slip
Marsh & McLennan, the owner of broker Marsh and reinsurance broker Guy Carpenter, said that fourth quarter revenues shrank 9% to $2.7bn, down 9% from the fourth quarter of 2007.
Brokers' FSCS levies could rise
Brokers could be facing an increase in their Financial Services Compensation Scheme (FSCS) levies fo...
FSA's Aon punishment is pitifully lenient
Global brokers have been crowing for years about how transparent they are in their dealings ever sin...
Banks halt single premium PPI sales as Biba calls for FSA action
Some of the country's leading banks have pre-empted the results of a Competition Commission investig...
Lecture given by FSA Chairman
The chairman of the Financial Services Authority (FSA), Lord Turner, has given a lecture discussing ...
Company directors urged to pay attention to risks
Alliance Corporate Risk Management Alliance has urged company directors to pay attention to potentia...
Industry bodies band together to bring uninsured drivers to book
Key representative bodies and insurance industry players have welcomed a government decision to star...
KPMG warns brokers 2009 will be 'tumultuous' for their businesses
Brokers have been warned that they face a "tumultuous" time in 2009 as the recession begins to bite ...
Ombudsman is already in a pickle
The Ombudsman's prediction that complaints will increase in the next couple of years is worrying bec...
FSA lands Aon with record fine
The Financial Services Authority (FSA) has handed out its heaviest financial punishment to date in t...
Regulation fears unfounded
Despite concerns over regulation levels increasing drastically as a result of the financial crisis, these fears are actually unfounded, as regulation has only increased by 6% year on year, according to BDO Stoy Hayward's Financial Services Group.
Travelers reports income plunge
Travelers has reported that net income for the year tumbled 36%, due to heavy catastrophe and investment losses.
Banks rein in PPI selling
The Financial Services Authority (FSA) has welcomed the move by Alliance & Leicester, Barclays, The Co-Operative Bank, Lloyds Banking Group (including Lloyds TSB, Halifax, and Bank of Scotland), and RBS/Natwest to stop selling single premium Payment…
PB Week: Adrian Colosso's guest blog
To misquote Charles Dickens, these have been the worst of times and, if we believe everything we read and hear via the global media circus, the best of times are a long way off, writes Adrian Colosso, chief executive of Heath Lambert.
FSA fines Aon £5.25m
The Financial Services Authority (FSA) has today fined Aon £5.25m for failing to take reasonable care to establish and maintain effective systems and controls to counter the risks of bribery and corruption associated with making payments to overseas…
Companies are unprepared to face the onslaught of fraud
Companies are unprepared to face the onslaught of fraud, which is predicted to rise because of the c...