Regulation
Post Europe: Solvency II QIS5 revealed
The results of the quantitative impact assessment 5 for Solvency II are in and it is bad news for Europe’s small insurers. The regulator highlighted the strong capital position of the market but as Vic Wyman explains insurers still have plenty to be…
LMA calls for removal of referral fees
The Transport Select Committee has missed an opportunity to call for a ban on referral fees for motor claims, according to the Lloyd's Market Association.
Government called to cut business red tape
Software company MSM has called on the government to cut red tape for businesses as part of its budget announcement next week.
Insurance investors “do not understand” risk appetite
Around of third of insurers believe that their own investors do not understand their risk appetite, a Towers Watson Solvency II QIS 5 survey has revealed.
Insurance investors “do not understand” risk appetite
Around of third of insurers believe that their own investors do not understand their risk appetite, a Towers Watson Solvency II QIS 5 survey has revealed.
Career development & CSR: ask the expert
I've heard that, later on this year, a new employment law will be passed, resulting in temporary workers having the same benefits and rights as permanent workers. Is this true?
Strategic technology Forum: data breach notification law is imminent for insurance industry
The insurance industry has been urged to prepare for potential new regulation, which will make it mandatory for companies to report any breaches of data management regulation.
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…
Quality data essential to avoid banking problem repeat
Insurers must use top quality data when preparing for Solvency II to avoid the problems suffered by banks during their implementation of Basel II, technology firm CSC claimed.
Strategic Technology Forum: data management security policy is a must
Insurance firms must have an accurate data management security policy in place to avoid falling foul of the Information Commissioner's Office, a solicitor from law firm Field Fisher Waterhouse claimed.
Major loss: meeting the challenges of major loss
With the global nature of modern business exposing insurers to a variety of major loss challenges, Trevor Latimer assesses the consequences.
Deadline fears raised over Solvency II implementation
Concerns over increasingly tight deadlines in the run-up to the implementation of Solvency II have been raised on behalf of the insurance industry following publication of the European regulator's fifth quantitative impact study.
Post Magazine – 17 March 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Reinsurance sector braced for huge losses in Japan– Insurance News Now – 17 March 2011
Post reporter Amy Ellis outlines this week’s major general insurance stories which include the global reinsurance industry pulling together to absorb the impact of the 9.0 magnitude earthquake that struck Japan on 11 March.
Reinsurance sector braced for huge losses in Japan– Insurance News Now – 17 March 2011
Post reporter Amy Ellis outlines this week’s major general insurance stories which include the global reinsurance industry pulling together to absorb the impact of the 9.0 magnitude earthquake that struck Japan on 11 March.
Hiscox backs draft Defamation Bill
Insurer Hiscox has welcomed the draft Defamation Bill claiming that it strikes “a better balance between protecting freedom of speech and reputations”.
Liability findings more "likely" after asbestos ruling
Law firm Beachcroft has claimed that findings of liability in mesothelioma cases are more “likely” following the Supreme Court judgement in Willmore v Knowsley MBC and Sienkiewicz v Greif last week.
Lord Myners raises gender question
The European Court of Justice ruling on gender has again been raised in Parliament.
Deloitte welcomes QIS5 transparency
Accountancy firm Deloitte has welcomed the recently published QIS5 impact study in relation to Solvency II.
Moody’s: QIS5 details insurer capital strength
Moody’s investors service has stated it believes the results of QIS5 – a pre-Solvency II study- confirm many insurers will not need to raise their capital base.
Moody’s: QIS5 details insurer capital strength
Moody’s investors service has stated it believes the results of QIS5 – a pre-Solvency II study- confirm many insurers will not need to raise their capital base.
HSE cuts could trigger premium rise
CBG Group has warned that insurance premiums could reach a 10-year high in reaction to the Health and Safety Executive’s plans to cut unannounced workplace inspections.
Apil calls on insurers to take action on fraud
The Association of Personal Injury Lawyers has urged the insurance industry to drive forward the recommendations outlined in the Transport Select Committee report.
Exclusive gender-ruling content now available on Post Europe
Post Europe’s weekly update is now live with three different opinions from the insurance industry on last week’s gender-ruling from the European Court of Justice.