Willis Re has released a report discussing the function and contents of the Own Risk and Solvency Assessment under Solvency II, warning that it remains a challenge for insurers of all sizes.
Launching ORSA Under Solvency II Report: "What Is It, and Why Is It Good For You?", David Simmons, managing director, analytics and head of international enterprise risk management for Willis Re, said:...
The company, formerly known as Quindell, could face claims worth over £11m from 440 disgruntled shareholders.
The AA’s British Insurance Premium Index for the first quarter of 2016 has shown a slight increase in rates for home insurance, with car premiums flat.
The couple who booked a flight from the ‘wrong Birmingham’ may have been given a free holiday in consolation, but they would not have been able to claim on their travel insurance.
Allianz Group has seen its earnings increase to €2.2bn from €1.8bn in the same period last year.