Insurance Market Update: The Deloitte View For Non-Life Insurers

Mondaq Business BriefingUnited Kingdom Law Articles in English (2009)

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Insurance Market Update: The Deloitte View For Non-Life Insurers

Welcome to this March 2009 edition of the Insurance Market

Update in which we focus upon issues in the general insurance

industry. This month, we feature articles on third party payments

and a briefing on the proposed tax rules on general insurance

technical provisions.

Our articles cover the following:

Third Party Payments – the risk to

insurers, agents and intermediaries from making inappropriate third

party payments is always present but there are also implications

for those individuals charged with governance. With increasing

scrutiny from the FSA, Rachel Sexton and Mark McIlquham consider

third party payments within the insurance industry and present an

overview of some of the issues which companies now face in current

market conditions. A number of factors to consider are suggested in

an attempt to minimise financ...

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