European Union (EU)
Post Europe – Insurance Block Exemption Regulation
The insurance block exemption has in the past helped European insurers to avoid competition issues. However, as Jakki May explains a recent tightening of the rules means insurers must put their practices under scrutiny.
Post Europe Interview – Michaela Koller
The European insurance industry is facing a time of increasing regulation and instability. Jonathan Swift talks to the director general of the CEA, the European insurance and reinsurance federation, about lessons to be learnt from banking, Solvency II,…
Insurance Block Exemption Regulation
The insurance block exemption has in the past helped European insurers to avoid competition issues. However, as Jakki May explains a recent tightening of the rules means insurers must put their practices under scrutiny.
Insurance Insight Interview: Michaela Koller
The European insurance industry is facing a time of increasing regulation and instability. Jonathan Swift talks to the director general of the CEA, the European insurance and reinsurance federation, about lessons to be learnt from banking, Solvency II,…
Aon Benfield recommends internal models to boost reinsurance value under Solvency II
Aon Benfield has launched a new report that examines the many different facets of the Solvency II framework ahead of the scheduled 2012 inception of the protocol.
Aon Benfield recommends internal models to boost reinsurance value under Solvency II
Aon Benfield has launched a new report that examines the many different facets of the Solvency II framework ahead of the scheduled 2012 inception of the protocol.
Aviation - Emissions trading: Ground for concern?
In less than 18 months, the aviation industry will be brought into the EU Emissions Trading System. Barry Moss considers the implications for insurers.
European risks not "significantly" increased claims Ceiops
Risks have shifted in the EU/EAA area, although the recent developments concerning sovereign risk in the Euro area means they have not significantly increased compared to 2009.
Execs would not be surpised if Eurozone shrinks, report claims
Rising sovereign debt in the developed world is one of the main concerns for the world’s business leaders and financial executives, according to 440 senior executives who participated in a survey commissioned by RBC Capital Markets.
Execs would not be surpised if Eurozone shrinks, report claims
Rising sovereign debt in the developed world is one of the main concerns for the world’s business leaders and financial executives, according to 440 senior executives who participated in a survey commissioned by RBC Capital Markets.
Solvency II - proportionality: A sense of foreboding
After a promising start, Solvency II is increasingly being viewed as a heavy burden after proposals to gold-plate the rules and increase capital requirements. Neil Coulson examines its progression.
Regulatory reform will not hamper Solvency II
Financial Secretary to the Treasury Mark Hoban has denied suggestions the government's regulatory reform will hamper the UK's implementation of Solvency II.
US targets two insurers, banks, shipping and energy sector in new Iran sanctions
The US Treasury on Wednesday blacklisted more companies – putting them off limits to US businesses - including two insurers.
Captives - interview: A captivating scene
Katherine Blackler talks to Dominic Wheatley of Willis' captive management practice about his career, the challenges faced by captive managers and the relationships they have with their reinsurance brokers.
Bermuda - legal:Towards mutual recognition
Katie Tornari and David Kendall review the steps towards international compliance that Bermuda is taking to safeguard.
Rating agencies on the EC's radar as it aims to improve supervision
As part of its work on preventing a future financial crisis and strengthening the financial system, the European Commission has put forward amendments to the EU rules on credit rating agencies and launched a public consultation on reforming corporate…
Postscript - 10 years ago: Europeans get Chinese permission
Looking through Post's back cataloguepaints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Professional indemnity - design rules: The load of codes
With 10 new Eurocodes replacing long-established design codes for the construction industry, Martyn Francklow questions the quick changeover period and analyses their potential to generate professional indemnity claims.
Solvency II - P&I Clubs: No going back
P&I clubs depend on their ability to call on members for additional cash. Alistair Groom asks whether Solvency II will increase the likelihood of any supplementary summons.
Former EU ambassador chosen to lead new Irish financial services push
Ireland’s international financial services industry, in a private sector initiative, has announced its intention to create the role of chairman of IFSC Ireland.
Former EU ambassador chosen to lead new Irish financial services push
Ireland’s international financial services industry, in a private sector initiative, has announced its intention to create the role of chairman of IFSC Ireland.
CCIR praises EU for blasting US reinsurance tax proposals
The Coalition for Competitive Insurance Rates (CCIR) has commended the European Union for "speaking out against a controversial tax proposal” on affiliated reinsurance included in President Obama's 2011 budget proposal.
Solvency II could see MGA rise
The rise in capital requirements due to Solvency II could drive up the number of managing general agents in the UK market.
Intermediaries team up to make PMI sales push
Two independent health insurance intermediaries have teamed up to offer a range of cover for children and people who travel abroad for medical or cosmetic treatment.