Proposals to make the Solvency II volatility adjustment subject to pre-approval by the Prudential Regulation Authority could put UK firms at a competitive disadvantage, according to EY’s head of insurance regulation and risk Martin Bradley.
Globally, excluding those caused by natural disasters, oil and gas losses were worth $3.2bn (£1.95bn) in 2013.
Martijn van Broeckhuijsen looks at the tough new rules Dutch-based insurers could be facing around remuneration
A ruling from the European Court of Justice is likely to add hundreds of millions to European insurers’ VAT bills, according to tax experts.
International consultancy firm Moore Stephens has appointed Omar Ripon as partner in its insurance industry group.