Compliance

View from the top: An endangered species?

UK-domiciled Lloyd’s brokers are under significant pressure. It’s always been a tough market, but the increased use of broker requests for proposals and unsolved inefficiencies are squeezing the London community further.

Risk update - Asbestos: Kept safe from harm

With the European Commission ordering the UK to amend legislation to ensure maintenance and repair workers are fully protected from asbestos, John Toms investigates the implications for the insurance industry.

Airmic 2011: Best practice guide to global compliance

Insurance buyers can now benefit from best practice advice to prevent them falling foul of the "labyrinth" of global insurance compliance rules. The guide, published this week, sets out key questions with which to road-test insurance programmes and help…

Why US Federal Excise Tax matters to Europe

The US Internal Revenue Service is keen to combat tax evasion and is tightening its federal excise tax enforcement procedures. Asher Harris looks at affect FET has on European insurers doing business with US firms and the resultant cascading effect.

BCIS offers free pilot

ReAssess, a new tool to help insurers more accurately assess their reinsurance needs has been launched by The Building Cost Information Service of the Royal Institution of Chartered Surveyors.

Ceiops' IMD delay raises hopes over review outcome

The five-month delay of the Committee of European Insurance and Occupational Pensions Supervisors' submission to the European Commission on the revision of the Insurance Mediation Directive demonstrates the complexity of opinion on the subject, according…

Postbox: Brokers don't need to be alone in tough times

As reported in The Daily Telegraph this week, Towergate's Peter Cullum has warned that too many businesses are "traumatised" by the recession and are failing to prepare for the future, and that now is the time to be planning "transformational changes…

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