European Commission (EC)

EC approves joint acquisition of HDI Poland

The European Commission has approved the joint acquisition of HDI Poland by Germany's Talanx and Japan's Meiji Yasuda Life Insurance, after concluding that the transaction would not significantly impede competition in the European Economic Area.

EC urged to limit bank bail-in mechanism

Insurance Europe has called on the European Commission to limit the potential use of the proposed 'bail-in' mechanism, under which authorities could write down the claims of unsecured creditors of a failing credit institution.

Amice welcomes EC report on European mutuals

The Association of Mutual Insurers and Insurance Cooperatives in Europe welcomed the publication of the European Commission’s report on the current situation of mutual in Europe today.

AMICE backs European Commission report on mutuals

The Association of Mutual Insurers and Insurance Cooperatives in Europe has praised a European Commission study into mutuals for highlighting their value in light of European economic instability and the financial crisis.

Solvency II: The waiting game

With the possibility of further delays to the implementation of Solvency II seeming ever more likely, what will be the impact on insurers?

The gender neutrality countdown

As Europe counts down to the enforcement of the gender neutrality ruling, Neil Davies asks how prepared insurers and consumers really are.

Direct Line Group: Divestment dilemma

The Royal Bank of Scotland may have formally announced plans for an initial public offering of Direct Line Group, but it still faces final decisions on the divestment of its insurance arm.

Tysers P&I report predicts market hardening

Rates for protection and indemnity cover could harden by 10% at the next renewal, according to the 2012 P&I Clubs report published by Lloyd's broker Tysers today.

Solvency II could face more delays

Disagreement between European Union member states over the final shape of Solvency II could further delay the implementation of the regulations, Reuters reported yesterday.

EU may delay Solvency II

Michel Barnier, the European Union commissioner in charge of regulation, has attributed a potential delay to Solvency II to wrangling between member states over the shape of the regulation.

Insurance Mediation Directive II: Broking new ground

The European Commission's controversial Insurance Mediation Directive II proposals are aimed at unifying the sale of cover across the continent and increasing consumer protection. But how have the recommendations been received by the broking and buying…

IMD2 - a level playing field?

Legislative proposals released this month by the European Commission for the Insurance Mediation Directive have met with mixed reviews. Victor Fornasier asks whether they will finally create a level playing field.

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