Solvency II
Munich Re CEO von Bomhard forecasts €2.5bn profit for 2012 after good start
Munich Re has made a good start to 2012 and is aiming for a profit of around €2.5bn, according to CEO Nikolaus von Bomhard.
Post Blog: Blackberry, Ratner and the lesson for insurers
The insurance industry can learn from October's Blackberry systems failure and Gerald Ratner's famous gaffe in 1991.
Insurance Insight – top 10 stories
The top 10 stories from www.insuranceinsight.eu over the past seven days.
Investment in UK infrastructure threatened by Solvency II
Association of British Insurers director-general Otto Thoresen has said that new EU solvency rules must not deter long-term growth and investment in the economy.
Countdown to ISE: Q&A with guest speaker Christopher Myers
Christopher Myers, global head of enterprise risk management at Aon Benfield, will be presenting the session on 'Using publicly available information to help profile risk' at Insurance Strategy Europe taking place in Brussels on Wednesday 21 and Thursday…
Insurance Europe calls for parity between IORPs and insurers
Insurance Europe, the European insurance and reinsurance federation, has spoken out in support of the European Commission's aim to promote a more harmonious approach to the challenges faced by pension systems in EU member states.
We need Solvency II now, demands Eiopa director
Policymakers should not let politics impede the implementation of Solvency II regulations, the head of Eiopa has urged.
NEDs left in the dark about underwriting risks, claims Mazars study
Non-executive directors at some of the UK's biggest insurance firms are being left in the dark about underwriting risks associated with coverholder audit results.
MEPs on the front foot as Prudential sparks fear of mass insurer exodus
Solvency II concerns in the spotlight after UK giant linked with Hong Kong move
Editor's comment: Leaving on a jet plane
Reports that the Prudential is looking at jumping into Asia after 164 years has made some obvious waves around the sector.
Post magazine – 1 March 2012
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Insurers may have to rethink Solvency II programmes
PwC has commented on the Financial Services Authority's Solvency II conference where the regulator announced new deliverables for insurers' Internal Model Application Process and commented on the ongoing impact of political uncertainties.
Hiscox wants FSA as tough as Lloyd's
Robert Hiscox has demanded that regulator the Financial Services Authority call in and question any insurers offering to beat other insurers' quotes.
Countdown to ISE: Q&A with guest speaker Kurt Karl
Kurt Karl, managing director, chief economist and head of economic research and consulting at Swiss Reinsurance, will be presenting the session on 'Recent economic challenges and risk management' at Insurance Strategy Europe in Brussels on Wednesday 21…
Santalucía adopts SAS Risk Management for Solvency II
Spanish insurer Santalucía is to use SAS Risk Management for Insurance to help meet Solvency II, Pillar I requirements to manage risks and calculate metrics.
Interview: Opportunity knocks for Capita's Brent Escott
Having set up, run and sold insurance businesses, Brent Escott is now embarking on a new challenge at the outsourcing giant.
Willis Re issues Solvency II OSRA guide
Willis Re has released a report discussing the function and contents of the Own Risk and Solvency Assessment under Solvency II, warning that it remains a challenge for insurers of all sizes.
Insurance Insight – top 10 stories
The top 10 stories from www.insuranceinsight.eu over the past seven days.
Solvency II Timetable Uncertainty: Stopping the clock?
Despite the EC's denials, rumoured delays to the implementation of Solvency II continue to echo around the industry. What are the implications of a postponement to the directive?
European insurers consider PE and hedge funds for Solvency II liabilities
Insurers may look to alternative asset classes, such as private equity and hedge funds, as Solvency II gets closer, according to a report.
Bernardino urges EC to agree Solvency II timeline
The chairman of the European Insurance and Occupational Pensions Authority has again expressed concern about the impact of Solvency II delays.
Middle East guest blog: Consumer protection my foot
The insurance broking fraternity in the United Arab Emirates met on 9 February to discuss how, through concerted effort, they can enter into a meaningful dialogue with the UAE Insurance Authority to reverse the recently released, notorious Directive 2.