Solvency II is "biggest challenge" for 90% of EMEA insurers

European Union red tape

Solvency II tops the list of the biggest regulatory challenge for insurers in Europe, the Middle East and Asia, according to a study by the Economist Intelligence Unit.

In response to the global survey, commissioned by State Street, 91% of respondents said preparing for the implementation of Solvency II was a challenge for their business, while 31% deemed it a "major

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MPs demand answers surrounding FOS CEO’s exit

The Treasury select committee has written to both the Financial Conduct Authority and Financial Ombudsman Service about the circumstances which surrounded the departure of CEO and chief ombudsman, Abby Thomas, last week.

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