Solvency II
Software firm launches Solvency II tool for Lloyd's market
Insurance investment information specialist Camradata has introduced Solvency II-compliant software to its Lloyd's clients for reporting and accounting.
Legal forecasts: Predictions on Florida, Italy, Poland and the UK for 2013
In the second of a two-part series Insurance Insight asked members of Insuralex, the global group of specialist insurance and reinsurance lawyers, to highlight their thoughts and predictions for the new year.
Legal forecasts: Predictions for the UAE, US and Germany for 2013
In the first of a two-part series Insurance Insight asked members of Insuralex, the global group of specialist insurance and reinsurance lawyers, to highlight their thoughts and predictions for the new year.
Start-up boss aims to counter negative consumer view of large insurers
The CEO of a new online start-up believes that the appetite for insurers to diversify their books could trigger growth in social media-derived cover.
Norway's Gjensidige enhances risk management architecture
Norwegian insurance company Gjensidige has enhanced its risk management architecture to help comply with Solvency II.
European regulation: the data, systems and processes challenge
As Solvency II implantation moves back, insurers might be forgiven for pausing to catch their breath but, as Richard Hart and Christian Schmid explain, this is actually the time for reviewing strategic data opportunities.
IUA prioritises regulation and London Market modernisation for 2013
The International Underwriting Association has pledged to develop a new strategy for modernising business processes in the London Market in 2013.
Insurance company uses 'people power' policies to drive down premiums
A new company that will use group buying power to help people with similar interests and needs to drive premiums down has launched today.
Regulation and 2012 insured losses to shape insurance market in 2013
Partners at PwC predict that the Prudential Regulation Authority and the Financial Conduct Authority will be the "tip of the iceberg" for regulation next year.
Insurers anticipate 2016 Solvency II deadline
Insurers are reducing their Solvency II implementation programmes as they now expect the directive to come into force in 2016.
EIOPA declares insurance sector outlook 'significantly' negative
The financial stability of the European economy remains fragile, despite coordinated political efforts and actions taken by the European Central Bank.
Moody's launches Solvency II compliance tool
Risk measurement and management firm Moody's Analytics has added a Solvency II compliance tool to its enterprise risk solutions suite.
Insurance head to leave European Commission
One of the key figures involved with the development of Solvency II is to leave the European Commission.
French insurers call for nation-by-nation capital approach
Proposed strict capital rules for EU-based insurers should be made flexible enough to suit the needs of companies in each country, according to a European insurance lobby group.
S&P predicts Solvency II will be delayed until 2016
Standard & Poor's has warned that Solvency II could be delayed for a further two years as the relevant parties have failed to agree on the European directive.
Changing regulations could see insurers increase lending role
European insurers have untapped potential as investors and sources of funding, according to a study published by Allen & Overy.
Solvency II principles 'ruined' by implementation
Frustration in the insurance industry over the introduction of Solvency II is at an all-time high, according to new research.
Solvency II considered 'too complicated’, research finds
The insurance industry is increasingly critical of Solvency II, with a large number claiming the principles of the directive had been “ruined” by the implementation.
European Commission insurance boss van Hulle steps down
The European Commission's insurance head, Karel van Hulle is to retire at the end of January.
Insurance Europe president calls for vital Solvency II solutions
The European insurance industry supports the goals of the forthcoming Solvency II regulatory regime but vital issues still need to be resolved, Insurance Europe’s president, Sergio Balbinot, told the Eiopa conference in Frankfurt today.
Solvency II saga: Time for a rethink
The EU should adopt a more principles-based approach in order to move forward with Solvency II, says Simon Kirby.
Solvency II uncertainty challenging EU credibility, says Bernardino
Gabriel Bernardino today called on EU politicians to give a "strong commitment" towards the implementation of Solvency II, in order to prompt a clear and credible timetable for delivering the regime.
European piecemeal approach to affect single insurance rules
The European Union's long-term goal of introducing a continent-wide set of insurance industry rules has been put in jeopardy as larger member states look to adopt a fragmented approach to the introduction of regulations.