Brexit
Solvency II risk margin is ‘fundamentally flawed’: PRA
Solvency II is broadly fine but there are some bugs that need to be ironed out, the CEO of the Prudential Regulation Authority has said.
Interview: Jim Bichard, PWC
When the referendum result came in on 24 June last year, there was a moment of disbelief in the market. Many business leaders were forced to re-examine what exposures they faced and what steps they needed to take next.
Tax and exchange rates set to push up home insurance costs
Tax and exchange rates will push up home insurance costs with the average premium rising by 1.8% to £124.
Brokers have seen no loss of business from Brexit vote
Brokers have not seen a drop in appetite for UK insurance products since the EU referendum vote last June.
What UK sanctions may look like post-Brexit
2016 was a momentous year that heralded a series of political developments with far-reaching consequences for international trade. Speculation and uncertainty abound about what Brexit means for international trade and sanctions.
Nexus Group's Colin Thompson on the evolution of MGAs
With more than 300 UK-based managing general agents underwriting roughly £5bn - circa 10% of the UK general insurance market - the MGA is already firmly established within the London market providing a key access point to local markets and the ability to…
Brexit whitepaper confirms UK will negotiate for financial free trade
The government’s Brexit whitepaper has reaffirmed Theresa May’s promise to negotiate the freest possible trade in financial services between the UK and the European Union.
Post Power List 2017: Richard Pryce
CEO, QBE European Operations
Post Power List 2017: Michel Barnier
Chief Brexit negotiator at the European Commission
Post Power List 2017: Theresa May
Prime Minister and leader of the Conservative Party
Editor's comment: The concept of power
Another year and another Power List from your team at Post.
This week: Decisions, scorecards and a viable alternative
After a slow start to 2017 I suddenly had lots of decisions to make this week about holidays, extracurricular activites and building plans (for my extension).
Blog: Brexit could have heavy impact on construction
Seven months on from the UK's decision to leave the European Union, uncertainty and speculation about the implications continue to face UK businesses.
Government publishes bill to trigger Article 50
The government’s bill to trigger Article 50 and exit the European Union has been published today with a Parliamentary debate scheduled to take place on Tuesday of next week.
UK could be downrated as a result of Brexit, says Fitch
A hard Brexit may lead to the UK's sovereign rating being downgraded.
Treasury Committee on Solvency II post-Brexit hears evidence from ABI and Lloyd's
Industry leaders gave oral evidence on Wednesday to a Treasury Committee on Solvency II post-Brexit.
Triggering Article 50 will require an Act of Parliament
The Supreme Court has ruled by eight to three that the government cannot trigger Article 50 without an Act of Parliament.
Competition is the key challenge facing insurers
Increased industry competition is the biggest challenge to business for general insurers, according to a survey.
Beale rules out Malta as post-Brexit Lloyd's base
Lloyd’s of London has ruled out Malta as the location for a European-based subsidiary, as the market continues to narrow its focus on a post-Brexit contingency plan.
Towergate's Kay Martin on why a focus on customer service is the one thing that won't change in 2017
So it's January again and what a year 2016 was - it's hard to remember a more tumultuous 12 months.
Industry reacts to Prime Minister's Brexit speech
The industry considers the impact of leaving the Single Market.
UK to leave single market, Prime Minister confirms
Theresa May has confirmed that the UK will be leaving the single market, but will negotiate for a free trade agreement for financial services.
Half of industry expects economy to deteriorate this year
Nearly half of those working in the insurance sector expect the economy to deteriorate this year.
Biba launches its 2017 manifesto
The British Insurance Brokers’ Association has called for the government to commit to no further increases to Insurance Premium Tax and to negotiate for single market access in the EU exit.