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General Insurance Current Issues Newsletter, March 2006

General Insurance Board\; Current Issues Committee
Publication date:
29 March 2006
PDF 39.77 KB
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Contents include: EU Reinsurance Directive - Payment Protection Insurance (PPI) - Financial Services Compensation Scheme (FSCS) - Lloyd's ICA market feedback - contract certainty - Solvency II - CEIOPS - risk margins - US storms forecast above normal for 2006 - "Disappointing return to normal" for aviation industry - Lloyd's chairman attacks US reinsurance collateral rules - Catastrophe bonds launched - bullying - asbestos corner - broker documentation - Bird Flu - catastrophe report - insurers to fight periodical payments ruling - outlook gloomy for home and motor - 2005 profit unlikely for Lloyd's - no more DVT claims for airlines - independent bosses charged with fraud -reinsurance rate hikes overplayed - Lloyd's publishes three-year plan - Lloyd's to sue Benfield and Aon.