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Deloitte reports growing number of insurers fear Solvency II delays

The latest edition of the annual Deloitte Solvency II survey shows that a rising number of insurers believe the industry will miss the January 2014 compliance deadline.

Regulation | 23 May 2012 secure

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Islam Takaful insurance

Opening the Takaful market

Initial forays into the Takaful market in the UK have so far met with failure. Despite this, there is still a conviction that a relevant Takaful market exists.

Insurer | 22 May 2012 secure

Biba conference 2012

Post Broking Supplement: Biba 2012 conference timetable

The event programme for the Insurance Brokers' Association Conference - Shaping our futures - on Wednesday 16 and Thursday 17 May 2012.

Insurer | 10 May 2012 secure

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Insurers expect further Solvency II delays

More than three quarters of insurance companies believe that the Solvency II implementation date will be delayed beyond 1 January 2014, according to research conducted by actuary Barnett Waddingham.

Regulation | 08 May 2012 secure

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RIMS welcomes broker transparency win

US insurance buyers group the Risk and Insurance Management Society has welcomed a court of appeal ruling confirming brokers must declare their earnings from insurers.

Broker | 15 Mar 2012 secure

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The insurance business resource library

Insurance Hound

A free and easy-to-use digital library of briefings, white papers and reports updated on an hourly basis

Howard Pepper

Momentum to use RWA for compliance

Momentum, a newly appointed representative network for broker start-ups, has partnered with RWA Compliance Services to ensure regulatory compliance.

Broker | 09 Mar 2012 secure

Iron Mountain webinar

Webinar: Closing the loop on records management and data security risk

In this video, Incisive Media’s group editorial services director David Worsfold chairs a lively discussion on records management and data security risk, including the challenges of managing records during the 2012 Olympic Games.

Regulation | 15 Feb 2012 | screening image

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Zurich backs Airmic’s compliance database

Zurich has applauded Airmic's and FERMA's plans to develop a database of international insurance requirements

Insurer | 02 Feb 2012 secure

Homeserve van at night

Homeserve appoints group COO

Homeserve has promoted its group chief financial officer, Martin Bennett, to the new position of group chief operating officer.

Insurer | 31 Jan 2012 secure

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Jubilee says regulators thwart better PPI

Jubilee says insurers are being put off creating payment protection insurance products because of uncertainty following reviews by regulators.

Insurer | 24 Jan 2012 secure

European risk and insurance intelligence

Insurance Insight

Your one-stop-shop for all the news in the European, Asian and Middle Eastern insurance markets

Insurance Insight
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Solvency II compliance challenges remain

European insurers have identified reliance on third parties for data, sophisticated risk modelling requirements and obtaining sufficiently detailed fund data among the challenges to be overcome in order for them to achieve Solvency II compliance.

Regulation | 13 Jan 2012 secure

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Broker networks: New kid on the block

As Brokerdrive arrives on the scene, the debate over the merits of the traditional network model is revisited.

Broker | 03 Jan 2012 secure

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Eiopa says insurers failed stress test

The European Insurance and Occupational Pensions Authority has warned that its low yield stress test showed that the insurance industry would be hurt if yields remain low for a prolonged period of time.

Insurer | 20 Dec 2011 secure

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Solvency II will drive UK M&A, Fitch predicts

Fitch Ratings expects Solvency II and low valuations to result in further merger and acquisition activity in the UK non-life insurance sector in 2012.

Insurer | 19 Dec 2011 secure

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Credit hirers worry OFT review is unfair

The Credit Hire Organisation said it feared the OFT’s review of credit hire costs might not reach a full and fair set of valid conclusions.

Insurer | 14 Dec 2011 secure

Comment

Lynn Rouse

Editor's comment: Fleeing the family nest

This week’s deal developments read like two coming-of-age literary fables written to reward hard work and endeavour, while...

Interview

JLT chief executive Dominic Burke

Interview: JLT's Dominic Burke - a thoroughbred performer

Horseracing-mad Dominic Burke has huge ambitions for JLT, with a firm focus on international expansion, and he scotches...

View from the top

David Reed

View from the top: Airline insurance - the risk remains

Despite 2012 losses being only 12% of the annual average to date, a single incident could flip the market, says David...

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Pitney Bowes 2012 Insurance Industry Report

2012 insurance industry report: The inside track to achieving a more sustainable business

To achieve a sustainable profit, personal lines insurers need to transform their retention rates, using modern communications techniques to engage with customers and understand their individual needs. This white paper is based on a specially commissioned study involving 42 senior managers at UK and Irish insurers.

Work equipment risks in the UK

Work equipment risks in the UK

The complex patchwork of legislation and guidance governing work equipment risks in the UK is an administrative monster that many businesses struggle to wrestle with successfully. It takes significant levels of technical expertise and resources to understand and effectively navigate the maze of legal requirements, and this problem grows increasingly unwieldy for smaller organisations with limited manpower and finances.

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