The news that UK regulator the Financial Conduct Authority (FCA) is planning to examine insurers' use of so-called "big data" has left brokers feeling wary of even more regulation
The proposed Enterprise Bill that will leave UK insurers liable for damages if they fail to pay a claim has advanced to the third reporting stage in the House of Lords
Having disputes heard away from court could have a detrimental effect on the insurance industry, arbitrator and former Lord Justice of Appeal Sir Bernard Rix told members of the London Market Claims Council
Former Ariel co-CEO Tom Milligan will join Names-backed Lloyd's carrier Managing Agency Partners (MAP) as a non-executive director, The Insurance Insider can reveal.
Ace has deferred its application for internal Solvency II model approval from the Prudential Regulation Authority (PRA), The Insurance Insider understands.
