European Union (EU)
'Clear deadline' on Solvency II welcomed by consultants
The delay of Solvency II’s application date to 2016 has been welcomed by KPMG and PWC, citing the certainty the move will bring insurers, though doubts still remain over the new schedule.
Consultants welcome 'clear deadline' on Solvency II
The delay of Solvency II’s application date to 2016 has been welcomed by KPMG and PWC, citing the certainty the move will bring insurers, though doubts still remain over the new schedule.
EU delays Solvency II application date to 2016
The European Union has announced a final delay to the application date to Solvency II to January 2016, pushing back the legislation by two years.
EU pushes Solvency II start to 2016
The European Union has announced a final delay to the Solvency II application date to January 2016, pushing back the legislation by two years.
FCA coy over telling firms to boost female headcount in the boardroom
Regulator ‘not looking specifically’ at issue but confusion surrounds CRD IV.
Europe: A Rock and a hard place (International feature - 26/09)
The row between Spain and Britain over Gibraltar may have put insurance firms in the country in an unenviable position.
UKIP plans visa insurance to curb 'health tourism'
The UK Independence Party has called for migrants from outside the EU to be required to provide evidence of medical insurance before entering the UK.
Expertise in Action: Technology: Open to attack
Despite several high-profile cyber attacks on major corporations, the insurance industry is still behind the times when it comes to cyber liability. How can it catch up?
Gibraltar’s appeal as an insurance hub threatened by new regulation strategy
Regulator to take closer look at firms’ non-EEA reinsurers
Travel: In rude health
The refusal of some Spanish hospitals to accept EHICs sparked anger in the insurance industry, but will the scandal impact premiums?
Europe: Continental catastrophes
An EC Green Paper proposing harmonisation of catastrophe insurance across Europe has faced strong criticism from the market. Edmund Tirbutt explains why.
International: Entering cyberspace
Will the potential implementation of the EU Data Protection Directive lead to growth in the cyber liability market in Europe?
Gender Directive: New Tricks
The EU Gender Directive has given rise to a new generation of ‘girly’ motor insurers – but are the practices sustainable in the long term?
Esure 'mystified' by dividend reaction
Esure has been left "mystified" by the drop in share price following the publication of its first set of results following the company’s floatation earlier this year.
Insurance Europe calls for global approach to tax evasion
Insurance Europe has welcomed efforts by the Organisation for Economic Co-Operation and Development to develop a global standardised solution for tax information exchange.
Editor's comment: A fork in the road
In 2008 when Aviva (then Norwich Union) shelved its pay‑as‑you‑drive model due to “poor take-up” after only two years in the open market, it appeared that the product had fallen at the first hurdle.
Tailored approach to European disaster management is essential
Insurance Europe has warned there is no “one-size-fits-all” solution to the insurance required for natural and man-made disasters in Europe.
Loss adjusting Regulation: If it ain't broke
Loss adjusters claim they are already monitored closely but should they face formal regulation like the rest of the insurance industry?
Solvency II interim rules could worsen market fragmentation
Despite Eiopa’s proposed guidelines for interim measures, surveyed Member States are showing a strong preference for a second quick fix directive, postponing the full implementation of Solvency II towards as late as 2017.
Coface to insure companies exporting to Croatia
Credit insurer Coface will start insuring companies exporting to Croatia following the country’s accession to the European Union.
International: Lost in the long grass
Will the final form of Solvency II – designed to harmonise capital adequacy across the continent – look anything like it was initially intended? And when, if ever, will it emerge?
Q&A with Michael Ashton
Six months after joining the Gibraltar government as senior executive for insurance, Michael Ashton speaks to Insurance Insight about the main attractions of the British overseas territory, growth potential and the stigma of insurer collapses.
Eiopa advises policymakers to scrap counter-cyclical premium in LGT report
The European Insurance and Occupational Pensions Authority has published the findings of the Long-Term Guarantee Assessment it conducted as part of political discussions on finalisation of the Omnibus II Directive.
Collective redress rules are a "let down for consumers" says BEUC
The European Commission’s guidelines on collective redress mechanisms in European member states do not go far enough, according to The European Consumer Organisation BEUC.