GISC sets up working party to look into capital adequacy issues.

The General Insurance Standards Council has set up a working party to look at capital adequacy issue...

The General Insurance Standards Council has set up a working party to
look at capital adequacy issues under the new body.


The party will consist of eight practitioners and one board member and
will oversee solvency matters, the segregation of insurance monies, and
professional indemnity insurance. It is expected to put forward its
proposals by the end of this month.


The second phase of consultation is due to start in October, with a series
of nationwide seminars which will allow for further

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FSCS gives first insight on increasing levy to £394m

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