European Union (EU)
Postbox: the easy touch environment
We now have another report that tells us what is wrong with our industry. Embargoed until 11 March, the Transport Select Committee's report made the headlines with breakfast television blaming referral fees for the rises in premiums; later, radio put the…
International teamwork, the key to tackling piracy
Piracy has been an evolving threat for ship owners and the marine insurance market since the 1980s and Neil Smith argues that international cooperation is the only way to combat the modern scourge of marine piracy.
€10.9m EU aid for flood damage in Czech Republic
Johannes Hahn, European Commissioner for Regional Policy, has confirmed the European Commission's proposal to allocate aid totaling €10.9m to the Czech Republic, following the severe floods of last August.
€10.9m EU aid for flood damage in Czech Republic
Johannes Hahn, European Commissioner for Regional Policy, has confirmed the European Commission's proposal to allocate aid totaling €10.9m to the Czech Republic, following the severe floods of last August.
Disappointment over 10% increase in FSA funding
The insurance market has expressed disappointment at a 10% increase in the Financial Services Authority's funding requirements during 2011/2012.
Fitch: Solvency II impact “not as bad” as expected
Fitch Ratings has said the impact of Solvency II on insurers’ capital positions will be less significant than originally forecast.
EC takes France to court for failings on industrial pollution
On the recommendation of environment commissioner Janez Potočnik, the European Commission is taking France to the European Court of Justice for failing to comply with European Union rules on industrial emissions.
EC takes France to court for failings on industrial pollution
On the recommendation of environment commissioner Janez Potočnik, the European Commission is taking France to the European Court of Justice for failing to comply with European Union rules on industrial emissions.
Strategic Technology Forum: clarity needed on internet data collection legislation
More clarity on forthcoming European legislation surrounding internet data collection is essential, if insurers are to implement it properly. This was the view shared by consulting firm Promontory Financial Group with Post's Strategic Technology Forum…
KPMG: “much work still to be done” on Solvency II compliance
Accountancy firm KPMG has stressed QIS5 demonstrates many insurers are not yet prepared for Solvency II’s January 2013 implementation.
Deloitte welcomes QIS5 transparency
Accountancy firm Deloitte has welcomed the recently published QIS5 impact study in relation to Solvency II.
News analysis - ECJ Judgment: The gender judgment
The Test-Achats case will have huge consequences for the motor, life and health insurance industries. Andy Tromans and Nick Elwell-Sutton explore the ramifications.
Public sector reveals way on administration savings
The insurance industry could do worse than look to its public sector counterparts to learn how 'intelligent decisioning' can simplify complex processes and witness the value of claims automation.
Tax on the City of London a step closer
A new tax on the City of London, controlled by the EU, has come a step closer after Labour MEPs backed a European Parliament call for an EU Financial Transaction Tax, Vicky Ford MEP, Conservative economics spokesman, warned today.
Tax on the City of London a step closer
A new tax on the City of London, controlled by the EU, has come a step closer after Labour MEPs backed a European Parliament call for an EU Financial Transaction Tax, Vicky Ford MEP, Conservative economics spokesman, warned today.
CNA creates new transport unit
CNA Insurance Company has formed a transportation & logistics industry team to operate throughout its European network.
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…
Montalvo named Eiopa executive director
The European Insurance and Occupational Pensions Authority has selected Carlos Montalvo to become the authority’s first executive director.
Montalvo named Eiopa executive director
The European Insurance and Occupational Pensions Authority has selected Carlos Montalvo to become the authority’s first executive director.
Solvency II - Equivalence: The cost of regulation to cross-border trading
The regulatory costs associated with cross-border trading have long been a burden on international insurers, but things may be improving explains Nick Lowe.
Nato to consult Lloyd's on piracy
The Lloyd’s Market Association is to discuss anti-piracy issues in Germany with officers from Nato.
Nato to consult Lloyd's on piracy
The Lloyd’s Market Association is to discuss anti-piracy issues in Germany with officers from Nato.