The FCA has gained a taste for intervening in pricing but if it goes too far, carriers will vote with their feet
“Six million loyal customers being ‘ripped off’,” wrote Sky News...
- Insurance Insider / Article / 12 days ago
- www.insuranceinsider.com
Lloyd’s continues remedial rigour in 2020 business planning
As the Lloyd’s market embarks on the 2020 business planning process, early indications are that the performance management directorate (PMD) has not softened its “improve or remove” stance of last year and will only permit syndicate growth where it is justified...
- Insurance Insider / Article / 12 days ago
- www.insuranceinsider.com
A “no deal” Brexit as early as 31 October looks unlikely but if and when it does come, (re)insurance industry executives have made extensive Brexit preparations for this worst-case scenario...
- Insurance Insider / Article / 12 days ago
- www.insuranceinsider.com
Lloyd’s scrutinises UK broker and coverholder Brexit arrangements
Lloyd’s has requested that UK intermediaries furnish the Corporation with details of their arrangements for operating within the European Economic Area after Brexit, The Insurance Insider understands...
- Insurance Insider / Article / 13 days ago
- www.insuranceinsider.com
Florida Specialty accused of operating in ‘unsound condition’
Florida Specialty Insurance Company has been accused by a state insurance regulator of operating in an “unsound condition” by failing to obtain permission before entering into a business arrangement...
- Insurance Insider / Article / 13 days ago
- www.insuranceinsider.com
Convex cleared to write US E&S business
Convex has cleared regulatory hurdles to write excess and surplus (E&S) business across the US...
- Insurance Insider / Article / 17 days ago
- www.insuranceinsider.com
Willis urges further changes to IFRS 17 accounting framework
Willis Towers Watson has called for a broader definition of proportionate reinsurance and other changes to the incoming IFRS 17 accounting framework...
- Insurance Insider / Article / 20 days ago
- www.insuranceinsider.com
Munich Re to launch first Lloyd’s syndicate-in-a-box
Munich Re Syndicate will launch the first syndicate-in-a-box at Lloyd’s and begin underwriting at the start of next year...
- Insurance Insider / Article / 20 days ago
- www.insuranceinsider.com
China Pacific to list GDRs in London
China Pacific Insurance is set to list global depository receipts (GDR) in London...
- Insurance Insider / Article / 25 days ago
- www.insuranceinsider.com
Insurance groups call for new IFRS 17 delay
Insurance trade organisations in Europe, Asia Pacific and North America have called for a further one-year delay in the implementation of the IFRS 17 accounting standard...
- Insurance Insider / Article / 25 days ago
- www.insuranceinsider.com