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Insurance And Pensions Authority
The Insurance and Pensions Authority () or IPA was the statutory body responsible for the regulation and supervision of pensions and insurance businesses operated in or from the Isle of Man. In 2015, the IPA merged with the Financial Supervision Commission (FSC) to form the Financial Services Authority (IOMFSA). History It was first established as the Insurance Authority in 1986. In 1997, its remit was expanded to include oversight of businesses providing pensions and similar products, and it was renamed the Insurance and Pensions Authority. Remit Its remit was to authorise and supervise those businesses carrying on these activities, either in or from the Island. It also oversaw general insurance brokers. (Those brokers advising on or arranging "long term insurance", for example, life policies which offer investment benefits, were supervised by the island's other financial services regulator, the Financial Supervision Commission). In addition the IPA administered the Isle of M ...
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Isle Of Man
The Isle of Man ( , also ), or Mann ( ), is a self-governing British Crown Dependency in the Irish Sea, between Great Britain and Ireland. As head of state, Charles III holds the title Lord of Mann and is represented by a Lieutenant Governor. The government of the United Kingdom is responsible for the Isle of Man's military defence and represents it abroad, but the Isle of Man still has a separate international identity. Humans have lived on the island since before 6500 BC. Gaelic cultural influence began in the 5th century AD, when Irish missionaries following the teaching of St Patrick began settling the island, and the Manx language, a branch of the Goidelic languages, emerged. In 627, King Edwin of Northumbria conquered the Isle of Man along with most of Mercia. In the 9th century, Norsemen established the thalassocratic Kingdom of the Isles, which included the Hebrides and the Northern Isles, along with the Isle of Man as the southernmost island. Magnus Bar ...
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Financial Supervision Commission
The Financial Supervision Commission (FSC) () was the financial regulator of the Isle of Man. The commission was established in 1983. The Chairman was previously a Member of Tynwald until legislation forbade this in 2004. In 2015, the FSC merged with the Insurance and Pensions Authority (IPA) to form the Financial Services Authority (IOMFSA). Chairpersons ;FSC * Col Edgar Mann, 1983-1985 * David Cannan MHK, 1986-1989 *Donald Gelling, 1989-1996 * Walter Gilbey, 1996-1999 * Phil Braidwood MHK, 1999-2001 * Alan Crowe MLC, 2001-2003 * Rosemary Penn, 2004-2012 * Geoff Karran, 2012-2015 ;IOMFSA *Geoff Karran, 2015-2018 *Lillian Boyle, since 2018 References External links * Economy of the Isle of Man Government of the Isle of Man Isle of Man The Isle of Man ( , also ), or Mann ( ), is a self-governing British Crown Dependency in the Irish Sea, between Great Britain and Ireland. As head of state, Charles III holds the title Lord of Mann and is represented by a ...
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Clare Christian
Clare Margaret Christian OBE CP (born 11 September 1945) is a Manx politician, who was President of Tynwald until 2016. She is a former member of the Legislative Council and former Health Minister in the Isle of Man Government. Christian is the daughter of Sir Charles Kerruish, President of Tynwald and Chairman of the Executive Council. Her sister is Anne Craine, the former Treasury Minister. She is a graduate of the University of London with a degree in Physics and Chemistry, and previously worked as a research chemist for Cadbury Schweppes. She was also the Island Guide Commissioner from 1991 to 1996. Christian became an MHK at her first attempt for the Ayre constituency in March 1980, but failed to be re-elected in 1986. She was, however, appointed an MLC in 1993 and was appointed Health Minister in 1996, overseeing the construction of the new Noble's Hospital. In 2011, she was elected to the position of President of Tynwald. Christian was appointed an Officer of the ...
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James Cain (Manx)
The Honourable James Crookall Cain FCA (19 March 1927 – 5 May 2019) was a Manx politician, who was the Speaker of the House of Keys and former Minister of the Isle of Man Government and Member of the House of Keys for the constituency An electoral (congressional, legislative, etc.) district, sometimes called a constituency, riding, or ward, is a geographical portion of a political unit, such as a country, state or province, city, or administrative region, created to provi ... of Douglas West. Cain was elected as MHK in 1986 and re-elected in 1991. Formerly he was a Chartered Accountant and Partner at Pannell Kerr Forster. Cain became acting Speaker of the House of Keys in 1990, before taking on the role permanently in 1991. He served until 1999. Jim Cain was born on 19 March 1927, and died on 5 May 2019, at the age of 92. Governmental position * Chairman of the Insurance Authority, 1987-1988 * Minister of Health and Social Security, 1989–1991 References ...
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Norman Radcliffe
John Norman Radcliffe was a former member of the Legislative Council of the Isle of Man. He was born in 1931, and educated at Ramsey Grammar School; he then became a farmer before being both a member, and the Chairman of the Andreas Parish Commissioners. For a long time, he worked for the MER (Manx Electric Railway) and was Station Master at Ramsey. In 1976, he was elected as Member of the House of Keys for Ayre Ayre ( ; ) is one of the six sheadings of the Isle of Man. It is located in the north of the island (part of the traditional ''North Side'' division) and consists of the three historic parishes of Andreas, Bride and (Kirk Christ) Lezayre. T ... (with the slogan A.Y.R.E. - All Year Round Effort), and in 1985, he was elevated to the Legislative Council (LegCo). He also served as the Chairman (now Minister) of several Boards in the pre-Ministerial era. Just before he died, he was appointed as Captain of the Parish for Kirk Andreas. He died in 2002. Governmenta ...
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Donald Gelling
Donald James Gelling CBE CP, CInstSMM (born 5 July 1938) is a Manx former politician, who is a former Chief Minister of the Isle of Man who served two terms as Head of the Government. Early life and career Gelling was born on Tynwald Day (5 July) 1938 in Santon, a village to the south-west of Douglas. He was apprenticed in engineering from 1954 to 1959 and after National Service in the Royal Air Force he became a salesman of agricultural machinery and vehicles. He was a general manager of his company from 1969. His political career began immediately as his National Service ended in 1961 when he was elected as a Santon Parish Commissioner; he served for 25 years and had five terms as Chairman of the Commissioners. In the Tynwald election of November 1986 Gelling was elected as Member of the House of Keys for Malew and Santon constituency. Like most political figures in the Isle of Man, Gelling does not belong to any political party and has fought elections as an Indepe ...
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Peter Pell-Hilley
Peter may refer to: People * List of people named Peter, a list of people and fictional characters with the given name * Peter (given name) ** Saint Peter (died 60s), apostle of Jesus, leader of the early Christian Church * Peter (surname), a surname (including a list of people with the name) Culture * Peter (actor) (born 1952), stage name Shinnosuke Ikehata, a Japanese dancer and actor * ''Peter'' (1934 film), a film directed by Henry Koster * ''Peter'' (2021 film), a Marathi language film * "Peter" (''Fringe'' episode), an episode of the television series ''Fringe'' * ''Peter'' (novel), a 1908 book by Francis Hopkinson Smith * "Peter" (short story), an 1892 short story by Willa Cather * ''Peter'' (album), a 1972 album by Peter Yarrow * ''Peter'', a 1993 EP by Canadian band Eric's Trip * "Peter", 2024 song by Taylor Swift from '' The Tortured Poets Department: The Anthology'' Animals * Peter (Lord's cat), cat at Lord's Cricket Ground in London * Peter (chief mouser), Chi ...
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Government Of The Isle Of Man
The Council of Ministers (; often abbreviated informally to "CoMin") is the principal executive organ of the Isle of Man Government. Its role is similar to, though not identical with, that of the Cabinet in the United Kingdom. Until 1990, its title was the Executive Council. The Executive Council, chaired by the Lieutenant Governor and including members of Tynwald, was established in 1949, and gradually thereafter became the effective government of the Island. The Lieutenant Governor ceased to chair the Executive Council in 1980, being replaced by a chairman elected by Tynwald, and the Council was reconstituted in 1985 to include the chairmen of the eight principal boards of Tynwald; in 1986, they were given the title ''Minister'' and the chairman was styled ''Chief Minister''.Constitution (Executive Council) (Amendment) Act 1986 In 1990, the Council was renamed the ''Council of Ministers''. The Council of Ministers consists of the Chief Minister and not more than nine minister ...
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Financial Regulation In The United Kingdom
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and pr ...
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Insurance Regulation
Insurance law is the practice of law surrounding insurance Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect ..., including insurance policies and claims. It can be broadly broken into three categories - regulation of the business of insurance; regulation of the content of insurance policies, especially with regard to consumer policies; and regulation of claim handling wise. History The earliest form of insurance is probably marine insurance, although forms of mutuality (group self-insurance) existed before that. Marine insurance originated with the merchants of the Hanseatic league and the financiers of Lombardy in the 12th and 13th centuries, recorded in the name of Lombard Street in the City of London, the oldest trading insurance market. In those early days, insurance was intri ...
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