Solvency II
Top 5 Post stories
The five most popular stories from Postonline over the last seven days were:
Solvency II fears
One third of UK insurers are not confident that the industry will be able to achieve compliance to the Solvency II rules by the 2012 European Union deadline.
EC to delay Solvency II implementation to coincide with financial years
The European Commission is set to delay the implementation of the Solvency II directive by two months for accounting purposes.
CEA boss outlines concerns to Commission public hearing
The CEA, the European insurance and reinsurance federation, today reiterated its support for the EU’s new Solvency II regulatory regime but called for more work to be done on the Level 2 measures that will put the flesh on the bones of the Framework…
Moody’s expects European M&A rebound
Ratings agency Moody’s has predicted an upswing in mergers and acquisitions in the European insurance market in the coming months.
Property claims - Conference news: Bird warns over Solvency II requirements
Property insurers must be fully aware of the impact of Solvency II on their capital requirements, according to Groupama Insurances' director of claims Phil Bird.
Chartis CEO scans Europe for possible HQ location
Lex Baugh, president and chief executive of Chartis Europe Holdings, has refused to rule out any insurance centre on the continent as a possible headquarters for the newly established group.
Insurers urged to keep up pressure
Lloyd's has warned there is still "more to do" to drive down the Solvency II capital requirements despite the European Commission's move to ease the burden under the latest quantitative impact study.
PwC: QIS5 draft specification provides “significant relief” for insurers
Consultants PricewaterhouseCooper has welcomed the European Commission’s decision to depart from Ceiops advice and ease the capital burden on insurers under the QIS5 draft.
Ceiops chair outlines latest thoughts on GI proposals
In a letter to Jörgen Holmquist, director general, European Commission internal market and services directorate general, the Ceiop chair Gabriel Bernardino has submitted the last set of advice on the Solvency II level 2 implementing measures which have…
Video: Post launches the British Insurance Summit 2010
Anthony Gould, group editor in chief, Incisive Media's insurance division talks about the launch of Post's new flagship conference - the British Insurance Summit.
GI industry braces for battle with Ceiops
The Committee of European Insurance and Occupational Supervisors has been urged to lower its solvency capital requirement standard formula following the opening of the pre-application process for internal models.
RSA and Catlin confirm FSA solvency II support roles
RSA and Catlin have been named as two of the insurers which worked with the Financial Services Authority on a Solvency II pilot scheme to design the internal models and work out how they will be approved by the regulator.
GI industry braces for battle with Ceiops
The Committee of European Insurance and Occupational Supervisors has been urged to lower its solvency capital requirement standard formula following the opening of the pre-application process for internal models.
Claims - Controlling Costs: See things differently
Identifying claims leakage is essential for insurers seeking to control costs. Sam Barrett investigates whether new analytics and data visualisation hold the key.
Election 2010 - Industry Q&A: Question time
In the final part of the countdown to the general election, Post took questions from the leading lights of the insurance industry and put them to the three main political parties.
Lloyd's FD: Solvency II no bar to new entrants
Lloyd's has stressed that it has no plans to batten down the hatches and stop admitting new members as the deadline for Solvency II approaches.
Election 2010 - Labour view: Lord Myners interview
In the fifth of Post's six-part series, profiling the major political parties, Mairi MacDonald talks to Lord Myners about Labour's plans and priorities.
Airmic boss blasts draconian Solvency II
Association of Insurance and Risk Managers chief executive John Hurrell has warned captive insurers are at risk from "draconian" Solvency II proposals.
Budget 2010: Government pledges to support insurers on Solvency II
The government has vowed to continue its support to insurance firms ahead of the implementation of Solvency II.
Budget 2010: Government to consult on administration regime for insurers
The government today launched a consultation on proposals to strengthen the administration regime for insurers, ensuring consistent treatment for policyholders of insurance contracts under the insolvency and administration regime.
Airmic: members will have to take Solvency II pain for little gain
The Solvency II reforms as currently proposed would reduce the amount of insurance capacity available to UK businesses and put up the cost of cover, the Association of Insurance and Risk Managers has warned.
ABI director general slams ‘extremely conservative’ CEIOPS' Solvency II approach
New Association of British Insurers director general Kerrie Kelly has criticised the Committee of European Insurance and Occupational Pensions Supervisors for its approach to Solvency II.
Chartis shake-up linked to Solvency II
Chartis UK chief executive Alexander Baugh has been appointed president and CEO of Chartis Europe Holdings.