Regulation
ABI director general slams ‘extremely conservative’ CEIOPS' Solvency II approach
New Association of British Insurers director general Kerrie Kelly has criticised the Committee of European Insurance and Occupational Pensions Supervisors for its approach to Solvency II.
Start ups : insurers - regulatory hoops
Huge costs and the pressure of regulation have been seen as barriers to setting up an insurer in the UK — so why are so many companies considering this option now, asks David Young.
Election 2010: Interview - Adam Price, MP, Plaid Cymru
In the fourth of Post's six part series, profiling the major political parties, Mairi MacDonald talks to MP Adam Price about Plaid Cymru's plans and priorities.
Stakeholders join forces
Stakeholders including the Association of British Insurers and the Trades Union Congress have joined forces to raise awareness about the upcoming reforms to the way low cost road accident personal injury claims are handled.
Chartis shake-up linked to Solvency II
Chartis UK chief executive Alexander Baugh has been appointed president and CEO of Chartis Europe Holdings.
Allianz raises concerns over crane scheme
Allianz Engineering has questioned the effectiveness of a new tower crane safety scheme due to come into force on 6 April.
Tories: FSA consumer body will not alter plan
The Financial Services Authority has stepped up its intensive supervision goals for 2010, by outlining plans for a new consumer protection committee.
FSA targets Solvency II and PPI in business plan
The Fiancial Services Authority will focus on Solvency II preparation and the conduct of payment protection insurance providers in its 2010/11 business plan.
FSA targets Solvency II and PPI in business plan
The Fiancial Services Authority will focus on Solvency II preparation and the conduct of payment protection insurance providers in its 2010/11 business plan.
Insurers and reinsurers need to be aware of the third party liability climate change lawsuits
Kyle Danish, partner at law firm Van Ness Feldman, told delegates at the World Insurance Forum in Bermuda today, that they need to be aware of lawsuits currently in the early stages of litigation in the US.
Belgian insurer signs deal to help achieve solvency II compliance
Belgian insurance company Mercator has taken Barrie & Hibbert's Economic Scenario Generator. The main application of the ESG will be economic capital management and assistance in ALM decisions.
Belgian insurer signs deal to help achieve solvency II compliance
Belgian insurance company Mercator has taken Barrie & Hibbert's Economic Scenario Generator. The main application of the ESG will be economic capital management and assistance in ALM decisions.
Ceiops stress test highlights industry resolve in the face of crises
Ceiops has declared that in an adverse scenario, which mirrored the development of capital markets between the end of September 2008 and the end of September 2009, its recent exercise resulted only in a marginal impact of a loss of 10bn euro,…
Ceiops stress test highlights industry resolve in the face of crises
Ceiops has declared that in an adverse scenario, which mirrored the development of capital markets between the end of September 2008 and the end of September 2009, its recent exercise resulted only in a marginal impact of a loss of 10bn euro,…
IIB disappointed with “bleak” FSA fee and levy proposals
The Institute of Insurance Brokers has revealed its disappointment with the FSA’s proposals to change its fee structure and increase Financial Services Compensation Scheme levies for 2010/11.
European risk managers join chorus of concern over Solvency II
The Federation of Europe Risk Management Associations today said that although it supports the goal of Solvency II, its members are concerned by the impact the recommendations of the Committee of European Insurance and Occupational Pensions Supervisors…
European risk managers join chorus of concern over Solvency II
The Federation of Europe Risk Management Associations today said that although it supports the goal of Solvency II, its members are concerned by the impact the recommendations of the Committee of European Insurance and Occupational Pensions Supervisors…
Q&A - Markel
In the latest of a regular focus on European insurance companies and brokers, Insurance Insight talks to Esteban Manzano, managing director, Markel Spain.
Insurance investigation announced by European Commission
Michel Barnier has announced an in-depth examination of insurance against natural catastrophes.
Insurance investigation announced by European Commission
Michel Barnier has announced an in-depth examination of insurance against natural catastrophes.
Consumer protection committee proposed
The Financial Services Authority, Office of Fair Trading and Financial Ombudsman Service have proposed the creation of a consumer protection committee to scan for emerging risks.
Mutual body blasts solvency II plans
"If the principle of proportionality introduced by Solvency II does not work in practice, we are likely to see aggressive market consolidation," claims AMICE boss.
Mutual body blasts solvency II plans
"If the principle of proportionality introduced by Solvency II does not work in practice, we are likely to see aggressive market consolidation," claims AMICE boss.
CEA: still time to get Solvency II right despite fears over Ceiops
A new CEA report demonstrates that overly prudent capital requirements would restrict the insurance industry's role not only as a risk-absorber but also as an institutional investor financing long-term economic growth.