Britain wants to reform its insurer solvency rules quickly, finance minister Rishi Sunak told insurance e...
FCA fines insurance broker JLT Specialty Limited £7.8m for financial crime control failings - FCA
The Financial Conduct Authority (FCA) has fined JLT Specialty Limited (JLTSL) £7,881,700 for financial crime control failings, which in one instance...
The Financial Conduct Authority (FCA) has fined JLT Specialty Limited (JLTSL) £7,881,700 for financial crime control failings, which in one instance...
fca.org.uk /
Article / 10 days ago
China's Communist Party expels state-owned insurer's executive accused of graft | Reuters
China's ruling Communist Party has expelled a former chief accountant of state-controlled PICC Property and Casualty Co from the party...
China's ruling Communist Party has expelled a former chief accountant of state-controlled PICC Property and Casualty Co from the party...
reuters.com /
Article / 1 month ago
Allianz “asleep on the beat” as architect of Structured Alpha fraud banked $60mn
US prosecutors have accused Allianz of being "asleep on the beat" while the portfolio manager behind its Structured Alpha funds traded off the German insurer's...
US prosecutors have accused Allianz of being "asleep on the beat" while the portfolio manager behind its Structured Alpha funds traded off the German insurer's...
Article / 1 month ago
Rising group of mega-trends dominates risk radar - Insurance News
Climate change, class actions and increased regulation are the three top issues on the risk radar in Australia, an annual report from Global Insurance Law Connect finds...
Climate change, class actions and increased regulation are the three top issues on the risk radar in Australia, an annual report from Global Insurance Law Connect finds...
insurancenews.com.au /
Article / 2 months ago
Allianz Sets Aside Another $2 Billion for Structured Alpha Fund Debacle
Germany's Allianz said on Wednesday it would set aside another 1.9 billion euros ($2 billion) as it braces for the outcome of U.S. regulatory...
Germany's Allianz said on Wednesday it would set aside another 1.9 billion euros ($2 billion) as it braces for the outcome of U.S. regulatory...
Article / 2 months ago
New disclosure requirements could increase D&O exposures
Expanding legal requirements for large and listed companies to report on sustainability and ESG matters are increasing personal exposures for directors and officers...
Expanding legal requirements for large and listed companies to report on sustainability and ESG matters are increasing personal exposures for directors and officers...
Article / 2 months ago
UK Regulator Sets Diversity Targets for Top Executives, Boards
The Financial Conduct Authority has set UK-listed companies three diversity targets, including a goal for at least 40% women on their boards...
The Financial Conduct Authority has set UK-listed companies three diversity targets, including a goal for at least 40% women on their boards...
Article / 2 months ago
When Government Agencies Come Calling - CLM
D&O insurance coverage and civil investigative demands...
D&O insurance coverage and civil investigative demands...
theclm.org /
Article / 3 months ago
Global programmes: Certainty in an uncertain world - GRM
Global programmes are more relevant than ever following the challenges of Covid, economic uncertainty and market volatility...
Global programmes are more relevant than ever following the challenges of Covid, economic uncertainty and market volatility...
Article / 3 months ago
Italian watchdog will not start probe into Generali's rebel investors - Reuters
Italy's insurance watchdog IVASS said on Tuesday it would not start a probe into Generali's rebel investors as it had not found any evidence...
Italy's insurance watchdog IVASS said on Tuesday it would not start a probe into Generali's rebel investors as it had not found any evidence...
reuters.com /
Article / 3 months ago