European Union (EU)
EU parties agree cybersecurity legislation
Negotiators of the European Parliament, Council and Commission have agreed on the first European Union-wide legislation on cybersecurity.
DWF opens Brussels office
Law firm DWF is opening an office in Brussels to provide greater competition and regulatory support to its global insurance clients.
Europe: Motor is a disparate market, with a future
It might surprise people in richer European countries, but an important part of claim payments on compulsory motor third-party liability policies in Latvia is used to pay for funerals.
Tax costs could rise for UK insurers after European Commission cancels review
An ongoing review abandoned by the European Commission on Wednesday (28 October) could increase the tax burden for UK insurers.
Europe: Navigating the European maze
The European Union is in a state of flux, with a new parliament elected and an overhaul of the commission adding to an already complex institution. Where does this leave the insurance industry?
Europe: The year ahead for run-off business
Solvency II, the growing legacy market and expanding run-off activity are among the main challenges facing discontinued insurance business in Europe.
Europe: Lure of Liechtenstein
Liechtenstein has more companies than citizens, but are UK insurers keen to join its corporate club?
How insurers can get ready for the Fourth Anti-Money Laundering Directive
The Fourth Anti-Money Laundering Directive applies to a range of businesses, including insurers. After its formal adoption in June, European Union member states now have two years to implement the new rules into national law.
Compulsory insurance for drones mooted as insurers are urged to review wordings
Insurers must review policy wordings that could be interpreted to cover drone use, legal experts have advised, amid calls for the industry to lobby regulators around safety laws and the potential for compulsory insurance relating to the emerging…
Trade Voice: Anyone for a game of pinball?
Going to work in an insurance brokerage can sometimes feel like a trip to the amusement arcades.
Iran nuclear deal paves way for sanctions removal for insurers
A tentative nuclear deal between Iran and six global powers could see the embargo against insuring and reinsuring entities from the pariah state lifted.
Roundtable: Big Data: What can big data do for the insurance industry?
With big data playing a bigger role across all industries, the big question is what it can do for the insurance sector?
Insurers ‘extremely concerned' about proposed data protection rules
Europe's insurers are "extremely concerned" about several aspects of the proposed European Union data protection rules due to enter the final stages of discussion by European Institutions, according to Insurance Europe.
Osborne confirms support for insurance sector in Mansion House speech
Chancellor of the Exchequer George Osborne reiterated the government's commitment to making the City of London the leading centre for insurance and reinsurance business in his annual Mansion House Speech last night (10 June).
Europe: Breaking up is hard to do
A British exit from the European Union could be voted on as early as 2016, to avoid a clash with the French presidential and the German federal elections.
Civil justice issues in danger of being sidelined by EU referendum
An insurance law firm has warned of a "strong possibility" civil justice reforms will take a back seat under the newly elected Conservative government while it focuses on the proposed 2017 European Union referendum.
Aviva's Wilson outlines stance on ‘Brexit' ahead of potential referendum
Aviva is keeping a close eye on the proposed European Union membership referendum that would take place under a future Conservative government, with group CEO Mark Wilson playing down the insurer's exposure to such a move.
Legal Update: Jurisdiction: Weigh up the cost of bringing claims home
Rachel Moore looks at the issues surrounding English courts hearing claims originating overseas.
Scenario testing required as industry concerns over EU exit increase
Insurance firms are being urged to adopt scenario testing from this year in preparation for the proposed referendum on the UK's European Union membership under a future Conservative government.
Report urges EU policymakers to boost insurance access
Trade body Insurance Europe is urging policymakers to contain the cost of regulation in order to make insurance more accessible and reduce state dependency in a time of loss.
Political Interview: Steven Woolfe: Woolfe at the door
With the UK Independence Party preparing to swoop for an unprecedented number of seats on 7 May, the party’s spokesman for Financial Services and Immigration Steven Woolfe tells Post what his party would do in power
Insurers' investment incomes at risk from Eurozone deflation
UK general insurers' investment incomes are in danger of being impacted by current Eurozone deflation that could hamper firms' overall results, according to industry experts.
Legal Update: Autonomous Vehicles: Motor evolution is imminent
Nick Rogers explores the coming changes to insurance that driverless cars will bring
Europe: Ukraine - a wait and see game
Will the recent and ongoing turmoil in Ukraine and the exit of Russian insurers from the region mean new opportunities for Western insurers?