Insurance Regulation

Reinsurance: Clarification on Solvency II Regs for Guernsey Based Insurers

Although the UK may not ever leave the EU, at least as far as financial regulatory matters are concerned, it’s worth thinking about where your insurance company is domiciled, in the longer term. Guernsey reinsurance […]

Legal

Legal: Clyde & Co Survey Finds MGA Market Looks Set to Expand

The UK’s GBP4.7 billion MGA market looks set to become an ever more popular feature of the London market, even as competitive and regulatory pressures increase according to a survey of more than 100 insurers and MGAs […]

Insurance claims

Insurance Fraud in Decline, Says New Research From Aviva

The value of fraudulent claims detected by the UK’s largest insurer has fallen. Aviva detected £80m worth of suspect or proven fraudulent insurance claims in 2018, down 11% (£10m) from 2017. The scale of insurance […]

Insurance Brokers

Broker Update: LexisNexis Identifies Cancellation Patterns & Risk Factors

Continuing its track record of delivering insurance industry insights, so providers can make better decisions, LexisNexis® Risk Solutions has uncovered the scale and impact of policy cancellations on the sector. New analysis of the data […]

Insurance Regulation

IAM Criticises System That Allows 11,000 Drivers With 12 Points Or More on Roads

IAM RoadSmart has expressed its frustration that six years after calling for action, more than 11,000 drivers a year are still being legally allowed on the roads with 12 or more points on their licences. […]

Insurance Regulation

FCA Say Complaints About Banks & Insurers Down by 5% in 2018 H2

The Financial Conduct Authority (FCA) has today published the complaints figures for regulated firms for the second half of 2018. During the second half of 2018 (2018 H2), complaints decreased by 5%, falling from 4.13m […]