The European Parliament's vote on Omnibus II, Solvency II's enabling legislation, due to take place in November, has been pushed back to March 2013.
The vote has now been pushed back for a third time, having previously been scheduled to take place in November. Analysts have said that the latest delay effectively renders it impossible to meet the 1...
Damages from flooding earlier this year are less than originally thought, Perils has said.
Brexit will have little impact on the financial services sector and a workable agreement with the European Union will be “straightforward”, according to Managing Partners Group.
Direct line has seen more than 200 claims for lightning damage to homes so far this month, with some claims worth up to almost £46,000.
The Federation of European Risk Management Associations today elected three new board members with hopes of generating fresh perspectives.