Solvency II
Insurance think tank: regulation, climate change and stability key issues for 2011
International insurance think tank, The Geneva Association, today outlined what it believes are the key issues for the insurance industry in 2011.
Insurance think tank: regulation, climate change and stability key issues for 2011
International insurance think tank, The Geneva Association, today outlined what it believes are the key issues for the insurance industry in 2011.
Jubilee set to reveal future strategy
Jubilee Managing Agency has appointed Paul Battagliola as its new head of operations.
Editor's comment: The foundations are laid
Looking back 12 months to the first leader column of last year, I mulled whether 2010 would be marked by a number of changes, not least a hardening of rates, more merger and acquisition activity and insurance IPOs.
LV fraud consultant joins IFB
A consultant from LV’s financial crime unit has been seconded to the Insurance Fraud Bureau for six months.
One in ten yet to launch Solvency II projects
More than 10% of insurers are yet to begin preparations for the upcoming Solvency II implementation, research by PricewaterhouseCoopers has revealed.
Guy Carpenter: reinsurance market has excess capital of $19bn
For the second consecutive year, global reinsurance property catastrophe rates for most lines of business will decline at the 1 January 2011 renewals, according to a new report published by Guy Carpenter & Company.
Exclusive legislation content now available on Post Europe
Post Europe’s weekly update is now live with a look at the impact US extra-jurisdictional sanctions have on European insurance and a View from the Top on the general equality legislation threatening the market.
Post Europe: View from the Top: When is equality not equality?
At a time when the global economy is still in a fragile state of recovery, we increasingly find ourselves beset by challenges of both a political and regulatory nature.
Ecclesiastical to grow charity arm following share issue
Specialist insurer Ecclesiastical is set to grow its charity and heritage lines of business after raising £40m through a preference share issue.
Career development & CSR news: Bidding war over IT staff
The insurance sector is being forced to increase pay for actuarial IT professionals by up to 50% as insurers upgrade their systems to be compliant with new regulatory standards, according to Rethink Recruitment.
Career development & CSR news: Ask the expert
I want to move on from my current place of work but I'm not unhappy and want to collect my bonus. Will I enjoy more opportunities in 2011 or should I strike while the iron's hot, despite the Christmas lull?
Interview - Roger Brown: Adding value for members
Roger Brown is nearing his second full year as managing director of the ECIC. Mairi MacDonald talks to him about the changes instigated and challenges ahead.
Lloyd’s & London market – review of the year: Troubled times
A succession of natural catastrophes got 2010 off to a bad start and the market continued to struggle - but the resolution of Brit’s future and the prospect of consolidation could see the year end on a high. Mairi Macdonald reports.
News Analysis - IMD: In perfect harmony
New minimum harmonisation requirements being proposed by the EU for IMD2 hope to level the regulation playing field. Vic Wyman reports.
French insurance industry outlook remains negative
A new report by Moody's Investors Service has said that the outlook for the French insurance industry remains negative, primarily driven by ongoing pressures on profitability in both the non-life and life segments.
Post Europe December: Exclusive online content now live
Post Europe December is now live with a Q&A session with Aon-Benfield, a review of the Turkish general insurance market, a close look at new European Union Iranian sanctions, as well as our regular View From the Top slot this month on Ireland’s financial…
Post Europe Q&A: Aon Benfield
In the latest of a regular focus on European insurance companies and brokers, Stephanie Denton talks to Marc Beckers, head of analytics in Europe, the Middle East and Africa for Aon Benfield.
Interview - Bart de Smet: Return to fitness
Despite being one of the most high-profile casualties of the financial crisis, Ageas is now focusing on the future rather than the past. Jonathan Swift meets group CEO Bart De Smet to discuss its UK plans, acquisitions and why big is not necessarily…
Ex-Irish PM slams tax rise demands
A former Irish Prime Minister has said that forcing Ireland to raise corporation tax from 12.5% would have been "counter-intuitive" of countries involved in bailing out the troubled economy.
Ageas MD Cliff slams 20-40% dual pricing differences
Mark Cliff, Ageas managing director, has criticised the market practice of dual pricing on new and renewal business and the “Christmas sales” where “slabs of increased commissions are introduced to bring in business”.
Towers Watson: QIS5 has built Solvency II momentumn
The QIS5 exercise has built real momentum for Solvency II within insurance companies but now they should be actively considering its implications for their businesses.
Detica warns MGAs over SII data challenges
Information intelligence firm Detica has warned Lloyd’s managing agents not to underestimate the data management challenges of the Solvency II directice.
Lloyd's opposes SII transitional stage
Lloyd's has criticised plans by the Committee of European Insurance and Occupational Pensions Supervisors to stagger implementation of the Solvency II directive beyond January 2013.