Solvency II
Exclusive Nordic and White Paper content now available on Insurance Insight
Insurance Insight’s weekly update is now live with an article on opportunities for European brokers in the Nordic region, and a View from The Top questioning if there is more to the insurance market than hard or soft, along with the launch of Post Europe…
Confusion over Solvency II as FSA revises model plans
Solvency II experts have voiced concerns over the uncertainty surrounding the incoming European Union legislation, after the Financial Services Authority revealed revised plans for its handling of internal model applications.
Allianz rules out Part VII transfer
Allianz has ruled out following Aviva and Royal Bank of Scotland Insurance in applying to the High Court for a Part VII transfer under the Financial Services and Markets Act.
European insurers call for Solvency II non-compliance fines
European insurers would like to see the European Insurance and Occupational Pensions Authority fining regulators where Solvency II is not applied equally across the European Union.
PwC welcomes “clearer” view of Solvency II
PwC has responded to the speech made by Julian Adams, FSA Director of Insurance, at the FSA Solvency II Conference today.
Solvency II and data management: the debate
If you missed this week's live webinar debating Solvency II and the issue of data management - it is now available for viewing on-demand.
Interview - Jonathan Evans MP: APPG - priorities, progress and provocations
Chairman of the All Party Parliamentary Group on Insurance & Financial Services Jonathan Evans talks to Mairi MacDonald about the group's priorities, progress and provocations.
Solvency II drives Aviva restructure
Aviva is set to merge its 12 UK general insurance companies into one main UKGI insurance operation to comply with Solvency II.
Half of companies consider restructure ahead of Solvency II
Confidence that the insurance industry will achieve Solvency II compliance by 1 January 2013 has dropped by 17 percentage points, according to research conducted by the Economist Intelligence Unit on behalf of Deloitte.
RBSI to merge underwriting functions
Royal Bank of Scotland Insurance is to merge the underwriting functions of its general insurance brands in preparation for Solvency II.
Lloyd's motor result reflects 'torrid' time
Lloyd's finance director Luke Savage has said Lloyd's 2010 UK motor insurance result reflects the "torrid" experience of the whole market within that class of business. Its motor book reported an underwriting loss of £520m (2009: £83m loss) and a…
European insurers voice "urgent" Solvency II fears
Representatives of the European insurance industry have written to the European Commissioner for the Internal Market and Services, Michel Barnier, to ensure that the “overly conservative and prescriptive” elements it believes are contained in the draft…
IUA highlights key regulatory challenges facing London Market
A regulatory maelstrom is taking up significant management time and compliance costs of London Market companies, according to the London Underwriting Association.
Insurers under pressure from SII timeline
The European Union-wide insurance sector stress test will aid understanding of the Solvency II financial environment, according to Towers Watson.
News analysis - QIS5: Unfinished business
The fifth quantitative impact study results have been revealed. Neil Coulson casts an eye over the findings and what they mean for the implementation of Solvency II.
Regional Report - Dublin: Dublin up
Ireland has been bailed out by the International Monetary Fund, insolvencies and unemployment are up, insurers premium incomes down and rates show no sign of real hardening. But, when Stephanie Denton visited Dublin she found the market surprisingly…
Lloyd’s set to continue fight for CER relief post-Solvency II
Lloyd's has vowed to fight for tax relief on claims equalisation reserves to be retained beyond the implementation of Solvency II, after its premise was challenged in the Budget.
Willis Re: S&P economic capital criteria “incentivises insurers”
Willis Re’s report on Standard & Poor’s new criteria for assessing insurers’ economic capital models has found the latest S&P release “incentivises insurers to adopt more sophisticated internal capital models” by giving them the opportunity to use the…
Exclusive piracy and technology content now available on Post Europe
Post Europe’s weekly update is now live with an article on an article on how international cooperation can tackle piracy and an interview with Ashish Goel from Infosys Technologies.
Post Europe Interview: Infosys Technologies
Ashish Goel, associate vice president and group engagement manager for insurance, healthcare and life sciences at Infosys Technologies answers Post Europe’s questions.
ABI reveals stress test concerns
The Association of British Insurers has questioned the Insurance and Occupational Pensions Authority’s decision to schedule a stress test during the implementation of Solvency II.
ABI reveals stress test concerns
The Association of British Insurers has questioned the Insurance and Occupational Pensions Authority’s decision to schedule a stress test during the implementation of Solvency II.
Second Europe-wide stress tests for insurers launched
PWC has commented on the launch of the second Europe-wide stress tests for the insurance sector, by the European Insurance and Occupational Pensions Authority.
Disappointment over 10% increase in FSA funding
The insurance market has expressed disappointment at a 10% increase in the Financial Services Authority's funding requirements during 2011/2012.