All UK articles – Page 16
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Safety body welcomes new health and safety law
The British Safety Council said the new Act, which threatens employers with prison over health and safety offences, would help increase internal controls
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FSA fines electronics company for delayed disclosure
Wolfson Microelectronics was fined £140,000 by the UK regulator for failing to reveal information to the market
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Rubber chemical could cause cancer
Workers that come into contact with a chemical used in rubber production are at high risk of developing cancer, new research revealed
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UK businesses not protecting IP
40% of businesses take no action to ensure their intellectual property is protected
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AIRMIC ‘disappointed’ with industry solution on disclosure
The insurance buyers association wants guidance on what constitutes appropriate practice
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Buncefield final report published
Industry needs to continue to apply improvements, say regulators
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Features
Subsidence: A gradual catastrophe
Subsidence losses have been a hidden catastrophe for the insurance industry. UK buildings insurers have paid out a total of more than €8 billion since 1976, and the cost of claims in France since its inclusion in the Catastrophes Naturelles scheme in 1989 forced the government to increase insurance premium ...
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Insurance won’t respond to Irish pork scare: Broker
First party product recall insurance will not indemnify for the costs associated with contaminated pork products, said Miller
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Regulation essential for economic recovery
Environmental coalition says the challenges posed by sustainability require a rapid transition to a green economy
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HSE could drive telematics uptake
Cybit says that strict health and safety laws may raise interest in work related road safety technology
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Credit safety nets are withdrawn
Businesses told to implement robust continuity plans or risk insolvency
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AIRMIC Portfolio
Concerns in current market
Risk managers are more concerned about the security of the insurance industry than rising premiums at present
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Features
CEO INTERVIEW: Peter Harmer, chief executive, AON UK
The downfall of AIG threw AON’s team into crisis management mode. But the broker remains confident that the turmoil will reveal new opportunities
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Darling’s VAT cut good for business
Financial services stand to gain from the 2% tax cut
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Insurers must adapt to recession claims hikes
Pricing should reflect economic indicators and the link between recession and rises in property crime
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Analysis
Trigger litigation
The High Court delivered some clarity over who pays for asbestos-related claims
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Employers win clarity on asbestos liabilities
The High Court ruling makes clear that EL policies in force at the time of a claimants exposure will pay out