Solvency II
KBC chooses SAS for central groupwide risk reporting
New solution will help KBC meet and implement current and future risk reporting requirements as well as Solvency II guidelines.
Fitch: Solvency II impact “not as bad” as expected
Fitch Ratings has said the impact of Solvency II on insurers’ capital positions will be less significant than originally forecast.
Exclusive tax and Solvency II content now available on Insurance Insight
Insurance Insight’s weekly update is now live with an article on how a crack down on tax evasion in the US is impacting European insurers and an in-depth look at the results from quantitative impact assessment 5 for Solvency II.
Exclusive tax and Solvency II content now available on Post Europe
Post Europe’s weekly update is now live with an article on how a crack down on tax evasion in the US is impacting European insurers and an in-depth look at the results from quantitative impact assessment 5 for Solvency II.
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…
Post Europe: Why US Federal Excise Tax matters to Europe
The US Internal Revenue Service is keen to combat tax evasion and is tightening its federal excise tax enforcement procedures. Asher Harris looks at affect FET has on European insurers doing business with US firms and the resultant cascading effect.
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.
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.
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.
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.
KPMG: “much work still to be done” on Solvency II compliance
Accountancy firm KPMG has stressed QIS5 demonstrates many insurers are not yet prepared for Solvency II’s January 2013 implementation.
Towers Watson: Solvency II issues require swift resolution
Towers Watson has welcomed the results of the QIS5 study announced yesterday by the European Insurance and Occupational Pensions Authority.
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.
CEA: QIS5 reveals sector strength
The results of the fifth "and last" comprehensive quantitative impact study into the effects of the forthcoming EU regulatory regime, Solvency II have been published.
Where does discrimination stop?
Europe has made it clear that gender discrimination is no longer acceptable in insurance and this is going to have long lasting affects on the market. Catherine Barton reflects that this is not the only area where discrimination is seen and asks when it…
ABI launches SII modelling guidelines
The Association of British Insurers has published guidelines to help insurers understand the Solvency II internal model approval process.
Amlin blames earthquakes for £250m drop in profit
Amlin will monitor rate increases in earthquake zones in 2011, after blaming significant catastrophe activity for a £250m drop in profit for 2010.
New ABI DG to focus on consumer issues
The Association of British Insurers’ new director general has pledged to put consumer issues across general insurance and life & pensions at the centre of the organisation’s strategy.
Turkey advised to adopt SII rules
Aon Benfield has advised Turkish insurers to take part in the European Union’s Solvency II protocol.
Turkey advised to adopt SII rules
Aon Benfield has advised Turkish insurers to take part in the European Union’s Solvency II protocol.
Weighing Solvency II impacts on AM Best
Am Best said the implementation of Solvency II is shifting the focus from its quantitative impact to the specifics of the implementation.