European Commission (EC)
Post Europe: Captives and the regulatory environment
Protected cell companies have been making the headlines lately but Vic Wyman reports on whether changes to the regulatory environment might put an end to this.
CEA “deeply disappointed” by ECJ gender-ruling
The CEA, the European insurance and reinsurance federation, is deeply disappointed by today’s judgement by the European Court of Justice (ECJ) that the provision enabling EU insurers to use actuarial and statistical factors based on sex in their risk…
CEA “deeply disappointed” by ECJ gender-ruling
The CEA, the European insurance and reinsurance federation, is deeply disappointed by today’s judgement by the European Court of Justice (ECJ) that the provision enabling EU insurers to use actuarial and statistical factors based on sex in their risk…
CEA calls for market diversity to be protected
The CEA, the European insurance and reinsurance federation, has called for future legislation on insurance distribution must be flexible enough to ensure diversity among national markets.
CEA calls for market diversity to be protected
The CEA, the European insurance and reinsurance federation, has called for future legislation on insurance distribution must be flexible enough to ensure diversity among national markets.
CEA supports EC review of “outdated” pension solvency regime
European insurance and reinsurance federation CEA has backed the European Commission’s Green Paper on Pensions which gained European Parliament support today.
IIB questions logic of upfront commission disclosure
The Institute of Insurance Brokers has reiterated its concerns that the European Commission-led review of the Insurance Mediation Directive could lead to mandatory commission disclosure.
IIB questions logic of upfront commission disclosure
The Institute of Insurance Brokers has reiterated its concerns that the European Commission-led review of the Insurance Mediation Directive could lead to mandatory commission disclosure.
Insurer refuses to accept ABI's 'nightmare' gender ruling guidance
One of the UK's largest specialist female insurers has scoffed at the Association of British Insurers' suggestion that it could potentially have to re-underwrite its whole book following the European Court of Justice's gender verdict due on 1 March.
US insurers 'irritated' by equivalency scheme
Some US-based insurers find plans to align more closely with their European counterparts under the Solvency II equivalency scheme 'irritating'.
Amendments to Solvency II to "finesse" transition
Proposed amendments to the Solvency II Directive from Omnibus II include transitional measures “seem far more wide-ranging than had previously been alluded to in QIS5 and other discussions”, according to Towers Watson.
S&P: Omnibus II will stabilise insurer rating environment
Standard & Poor's today said it believes the European Commission's publication of its proposed revisions - known as Omnibus II - to the Solvency II directive, will have a stabilising impact on the market.
S&P: Omnibus II will stabilise insurer rating environment
Standard & Poor's today said it believes the European Commission's publication of its proposed revisions - known as Omnibus II - to the Solvency II directive, will have a stabilising impact on the market.
Delaying Solvency II "risky" claims PwC partner
Insurance companies have been warned that it would be a "risky strategy" to delay the implementation of Solvency II on the basis of the Omnibus II directive.
Omnibus II provisional text published
The European Commission and the European Insurance and Occupational Pensions Authority have published the provisional text for Omnibus II.
Post Europe: Dutch moves on IPT reflect European trend
While the legal requirement for insurers in Europe to have fiscal representation seems to be on the decline, Mike Stalley explains why the need for their presence could be great than ever.
Eiopa names first chairman
The European Insurance and Occupational Pensions Authority has named Gabriel Bernardino as its first chairman.
Data protection & breaches: Breaches of security
The Information Commissioner recently issued huge fines for data protection breaches. Edward Murray reports on additional costs that could well flow from new notification laws.
Risk update - Health foods & supplements: A healthy risk
Forecasts suggest the global food supplement market could be worth $90bn by 2013. Shaun Randell examines the opportunities and risks insuring this market can bring.
Eiopa unveils new management board
The European Insurance and Occupational Pensions Authority has announced its newly elected management board and acting chairperson.
Post Europe View from the Top: Sunlight drives away shadows
Major risks are not included in the existing European Insurance Mediation Direction. The Federation of European Risk Management Associations believes they should be, and is urging the European Commission to bring them into the current revision of the…
One in ten yet to launch Solvency II projects
More than 10% of insurers are yet to begin preparations for the upcoming Solvency II implementation, research by PricewaterhouseCoopers has revealed.
Exclusive gender and risk assessment content now available on Post Europe
Post Europe’s last 2010 weekly update is now live with a look at the European Court of Justice’s decision on using gender as a risk factor will have on the insurance market, and a View from the Top that examines the importance of geographical data in…
Post Europe: The end of the road for cheaper car insurance for women?
A Belgian court case that has been referred to the European Court of Justice questions the validity of using gender as a risk factor in insurance. Lesley Ainsworth and Paul Castlo review the impact the decisions in this case could have for all European…