Archive for the ‘IUA’ Category

IUA survey reveals importance of regulatory issues in London Company Market

IUA survey reveals importance of regulatory issues in London Company Market
Dave Matcham The three most important regulatory issues for the London company market are supervision by the Financial Conduct Authority and Prudential Regulation Authority, reform of UK insurance contract law and international trade sanctions. That ranking was revealed in the results of a survey conducted...
July 7th, 2014 | Insurance and Reinsurance, IUA, Reports | Read More

The IUA’s 2014 summer party

The IUA’s 2014 summer party
At the Back Bar of the historic and internationally known “The Minories Pub”, off Tower Hill, under the rail bridge, the International Underwriting Association’s* Summer Party earlier on this evening was a great success! Over 150 attended this get-together annual event, a reward for the Associations’...
July 3rd, 2014 | Anniversaries, Events, Insurance and Reinsurance, IUA, People and Places, Social Columns | Read More

IUA reviews strategic issues facing London market

IUA reviews strategic issues facing London market
Malcolm Newman The International Underwriting Association has widened its discussion of strategic issues affecting the London Market and announced a new research project at its annual meeting. Chairman Malcolm Newman outlined how changes to the way the Board operated had enabled broader debates, reflecting...
June 26th, 2014 | Associations, Events, Insurance and Reinsurance, IUA, Marine Insurance, Reports | Read More

IUA supports government plan to help businesses defend against cyber crime

IUA supports government plan to help businesses defend against cyber crime
Dave Matcham The International Underwriting Association has backed a new government project to promote better management of cyber risk. The Cyber Essentials scheme defines basic cyber security standards and offers a certification process which business can use to show they are taking the threat seriously. Launching...
June 6th, 2014 | Corruption, IT and Communications, IUA, Maritime Fraud, Sanctions | Read More

What does it say on the tin – are lawyers reading the labels in different ways?

What does it say on the tin – are lawyers reading the labels in different ways?
James Brewer What does it say on the tin – are lawyers reading the labels in different ways? Marine pre-policy negligence under scrutiny at IUA/AAA briefing,  By James Brewer Spanners in the works – metaphorical and real – have led to questions being raised as to the fairness and robustness of...
March 10th, 2014 | Associations, Conferences, Seminars, Forums, Insurance and Reinsurance, IUA | Read More

Research begins for new London Company Market statistics project

Research begins for new London Company Market statistics project
Dave Matcham Research is now underway for the International Underwriting Association’s 2014 London Company Market Statistics Report. More than 60 companies will be surveyed for the project which provides a comprehensive analysis of the market’s premium income. This year’s report is the most extensive...
February 17th, 2014 | Insurance and Reinsurance, IUA | Read More

“Smoking Gun” emails…

“Smoking Gun” emails…
Joseph Grasso ‘Smoking gun’ emails: legal implications of electronic communications spelled out at IUA briefing,  By James Brewer They were a key factor in a lawsuit over the death of singer Michael Jackson; and could damage the chances of a leading Republican contender to be next president of the...
February 3rd, 2014 | Breaking News, IT and Communications, IUA, Legal | Read More

IUA welcomes Travelers as new member company

IUA welcomes Travelers as new member company
Dave Matcham The International Underwriting Association has welcomed Travelers Insurance Company Limited as its latest member firm Travelers joins 40 other full member companies that together represent the vast majority of businesses operating across the London company market. The IUA’s recent statistics...
December 16th, 2013 | Insurance and Reinsurance, IUA | Read More

IUA publishes Professional Lines Questionnaire

IUA publishes Professional Lines Questionnaire
 A new questionnaire* for the submission of professional lines business has been published by the International Underwriting Association. The document has been drawn up in response to concerns among underwriters that the level of data received for pricing reinsurance treaties has deteriorated in recent...
November 1st, 2013 | Insurance and Reinsurance, IUA, Marine Insurance | Read More

Environmental loss scenarios

Environmental loss scenarios
New IUA report reveals gaps in traditional coverage Insurance cover for environmental losses is often incomplete or even non-existent without a dedicated environmental policy in place. That is the conclusion of a new research paper, published by the IUA, examining potential environmental claims scenarios. The...
June 21st, 2013 | Insurance and Reinsurance, IUA | Read More