Solvency II
Europe: Opportunities in Middle and Eastern Europe despite geopolitical risks
Despite the Russian-Ukraine crisis, 2014 brought hope of a revival for the regional market in Middle and Eastern Europe. Economic prospects have been positive, regardless of the continual geopo
Political Interview: Matthew Hancock: A positive relationship
In the countdown to the general election, Post caught up with Matthew Hancock, Minister of State at the Department for Business, Innovation and Skills, to find out his views on the insurance industry
Europe: Q&A with Guenter Droese, chairman of European Captive Insurance and Reinsurance Owners` Association
Post speaks to Guenter Droese about the captive market and the potential impact of Solvency II
PRA expects total UK insurance capital to drop under Solvency II
The Prudential Regulatory Authority’s executive director of insurance has forecast that total capital held by insurers in the UK will likely drop under incoming Solvency II rules.
In Series: Corporate risk: Upping the pace
How can commerical insurance industry innovation better keep up with the ever-increasing speed of technological advancement and changing demands from UK businesses?
Solvency II Delegated Acts brought into force
The Solvency II Delegated Acts were entered into force on 18 January in a move Insurance Europe has called an important step forward in the implementation of the regulatory regime.
Review of the Year: General Insurance
General insurers including Ageas, Aviva, Direct Line, Axa and LV reflect on a year that started with immense flood claims, saw the Competition and Markets Authority’s final report into motor insurance and ended with a warning by the regulator on the use…
Review of the Year: Lloyd's
Post’s annual review of Lloyd’s and the London market gathered reflections from players including Besso, Markel, Lloyd’s, Hiscox, EY and Beazley to reflect on 2014 and the challenges and expectations that lie ahead for next year
PRA senior insurance managers regime sparks fears of bank-like regulation
Consultation reveals plan for more stringent controls on senior staff
14% of EU insurers fail 'baseline' EU stress tests
A test of more than half of Europe’s insurers by market share has found that one in twelve are currently likely to fail to meet solvency capital requirements when the Solvency II regime launches in just over a year.
C-Suite - Insurer: Is Solvency II worth all the hype?
In just 13 months Solvency II will be implemented – but what does this actually mean?
Europe: Ireland update
David Worsfold takes a look at how the recovery of the Irish economy, as well as challenges such as regulation from Europe, is affecting Irish insurers and brokers
Mutual insurers welcome potential funding and M&A boost from new Bill
Bill could mean mutuals get level playing field with shareholder-based insurers
Delegated Acts publication boosts confidence in Solvency II go-live date
Analysts say pillar three needs ‘significant’ resources as insurers behind on this
Solvency II Delegated Acts published
The Solvency II Delegated Acts, published today, have been welcomed by Insurance Europe which says it is examining their impact on insurers and policyholders.
Brokers urged to consider 'special method' for VAT calculation
Brokers could be missing out on sizable savings by using the standard model for calculating their VAT liaiblity, according to PFK Littlejohn tax partner Luigi Lungarella.
Solvency II and shareholder pressure to blame for international business sales
DLG’s sale of Italian and German businesses follows similar deals by other firms
Insurance chiefs to be held 'more clearly accountable' under BoE plans
The heads of insurers will be held “more clearly accountable” as part of a new standards regime planned by the Bank of England.
80% of EU risk managers to buy more multinational cover by 2017
An Ace survey has revealed more than 80% of risk managers at European companies expect to increase their purchases of multinational insurance programmes over the next three years.
Solvency II cited as driving factor behind growth of run-off market
The implementation of Solvency II has been attributed by consultancy firms as a driver in the continuation of the steady stream of UK and European insurers looking to dispose of underperforming lines of business.
Volatility adjustment approval process could disadvantage UK firms
Proposals to make the Solvency II volatility adjustment subject to pre-approval by the Prudential Regulation Authority could put UK firms at a competitive disadvantage, according to EY’s head of insurance regulation and risk Martin Bradley.
Europe: New rules for Dutch-based insurers
Martijn van Broeckhuijsen looks at the tough new rules Dutch-based insurers could be facing around remuneration
Moore Stephens hires ex Mazars insurance partner
International consultancy firm Moore Stephens has appointed Omar Ripon as partner in its insurance industry group.
UK expected to lead on Solvency II related disposals in 2015
The impact of the Solvency II directive has been attributed for an expected sixth year of growth in the European run-off market, according to PWC’s annual survey.