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International insurance standards one step closer

The creation of international standards for insurance professionals came one step closer at the annual meeting of the Institute for Global Insurance Education in Singapore last week.

The topic was the focus of the meeting chaired by CII director general Sandy Scott, in the top seat at the IGIE for the first time since his election as its chairman in January.

Discussions centred on promoting core competencies worldwide and establishing acceptable standards for education in risk management.

Scott says: “Inevitably the process will take time to complete as we must recognise each member&#39s national and local market practices, procedures and regulations. Nevertheless, the IGIE meeting was a useful opportunity for discussions and we are working towards common international standards.”


Winterthur to widen its range

Winterthur Life is planning to broaden its product range into life and investments when it moves under the Credit Suisse brand umbrella next year.Sipp specialist Winterthur is expected to drop its 125-year-old brand in the first half of 2003.It has a project team working on the detail of an investment bond product and has suggested […]

Treasury publishes mortgage legislation

The Treasury has today published its new regulation for mortgage advice following the conclusion of consultation started in February.It says once the European Parliament adopts the Insurance Mediation Directive, expected in September this year, there will be a further announcement about the timetable for implementation of mortgage regulation. This was originally intended to come in […]

Bristol & West – Global GEB Mini Cash Isa 5 Year Issue 1

Wednesday, 7 August 2002 Type: Capital protected Isa Aim: Growth linked to the performance of the FTSE 100, Nikkei 225, SMI and S&P 500 Minimum-maximum investment: £3,000 Investment choice: Deposit account Term: Five years Guarantee: Capital returned in full at end of term regardless of movement in indices Return: 70% of average growth in indices […]

Leeds & Holbeck announces record half-year results

Leeds & Holbeck Building Society says its interim results for the six months to June 30 show record achievements across all areas of its business. It saw a 77 per cent increase in mortgage applications to £1.1bn from £621m for the same period last year. Mortgage completions reached £529m, up 43 per cent from £370m. […]


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