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Swiss Re UK CEO presents FSA with regulatory 'wish-list'

Swiss Re’s UK chief executive has presented a regulatory “wish-list” to the Financial Services Authority’s Annual Insurance Sector Conference today.

Tim Carroll said that he wants Solvency based on economic risk-based models; recognition of internal models, capital relief incentives for good risk management and mitigation, greater harmonization

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Storm damage claims test insurers’ settlement choices

A year of severe storms has strained repair networks and claims operations, which Ben Blain, head of property at Verisk Claims, points out has placed insurers’ settlement decisions, data oversight and ability to evidence fair customer outcomes firmly under the regulatory spotlight.

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