European Union (EU)
Roundtable: Big Data: What can big data do for the insurance industry?
With big data playing a bigger role across all industries, the big question is what it can do for the insurance sector?
Insurers ‘extremely concerned' about proposed data protection rules
Europe's insurers are "extremely concerned" about several aspects of the proposed European Union data protection rules due to enter the final stages of discussion by European Institutions, according to Insurance Europe.
Osborne confirms support for insurance sector in Mansion House speech
Chancellor of the Exchequer George Osborne reiterated the government's commitment to making the City of London the leading centre for insurance and reinsurance business in his annual Mansion House Speech last night (10 June).
Europe: Breaking up is hard to do
A British exit from the European Union could be voted on as early as 2016, to avoid a clash with the French presidential and the German federal elections.
Civil justice issues in danger of being sidelined by EU referendum
An insurance law firm has warned of a "strong possibility" civil justice reforms will take a back seat under the newly elected Conservative government while it focuses on the proposed 2017 European Union referendum.
Aviva's Wilson outlines stance on ‘Brexit' ahead of potential referendum
Aviva is keeping a close eye on the proposed European Union membership referendum that would take place under a future Conservative government, with group CEO Mark Wilson playing down the insurer's exposure to such a move.
Legal Update: Jurisdiction: Weigh up the cost of bringing claims home
Rachel Moore looks at the issues surrounding English courts hearing claims originating overseas.
Scenario testing required as industry concerns over EU exit increase
Insurance firms are being urged to adopt scenario testing from this year in preparation for the proposed referendum on the UK's European Union membership under a future Conservative government.
Report urges EU policymakers to boost insurance access
Trade body Insurance Europe is urging policymakers to contain the cost of regulation in order to make insurance more accessible and reduce state dependency in a time of loss.
Political Interview: Steven Woolfe: Woolfe at the door
With the UK Independence Party preparing to swoop for an unprecedented number of seats on 7 May, the party’s spokesman for Financial Services and Immigration Steven Woolfe tells Post what his party would do in power
Insurers' investment incomes at risk from Eurozone deflation
UK general insurers' investment incomes are in danger of being impacted by current Eurozone deflation that could hamper firms' overall results, according to industry experts.
Legal Update: Autonomous Vehicles: Motor evolution is imminent
Nick Rogers explores the coming changes to insurance that driverless cars will bring
Europe: Ukraine - a wait and see game
Will the recent and ongoing turmoil in Ukraine and the exit of Russian insurers from the region mean new opportunities for Western insurers?
C-Suite - Insurer: Is Solvency II worth all the hype?
In just 13 months Solvency II will be implemented – but what does this actually mean?
Expanded mandatory motor insurance could mean increase in MIB levies
DfT, ABI, Biba and MIB to meet next month to discuss potential changes
Roundtable: A step backwards in the fraud fight?
With EU data protection legislation likely to impact insurers’ anti-fraud measures, key figures from the sector discuss whether the reforms represent a critical blow to their efforts or just a bump in the road?
Protecting customer data can drive revenue says Boyd
Gaining customer trust should not be viewed as being in conflict with revenue generation, according to Magnus Boyd, partner at Hill Dickinson.
Moore Stephens hires ex Mazars insurance partner
International consultancy firm Moore Stephens has appointed Omar Ripon as partner in its insurance industry group.
UK expected to lead on Solvency II related disposals in 2015
The impact of the Solvency II directive has been attributed for an expected sixth year of growth in the European run-off market, according to PWC’s annual survey.
Gibraltar to become broadened domicile option after publishing ILS guidelines
The Gibraltarian government has welcomed the publication of the insurance linked securities guidelines by Gibraltar's financial regulator the Financial Services Commission.
Solvency II capital requirements prove too onerous for Gibraltar‑based firms
Smaller motor insurers line up to leave market as EU capital‑raising measures loom
Insurers to feel due diligence strain if trade sanctions against Russia broaden
EU’s new list of sanctions is on hold while Russia and Ukraine ceasefire is in place
Independent midwives agree commercial PI solution
Independent midwives have agreed a commercial professional indemnity insurance arrangement allowing them to continue practising under new EU legislation.
Small firms struggling to be ready for Solvency II despite repeated delays
Survey reveals dissatisfaction over directive’s perceived cost-benefit ratio