Solvency II
Further delays to Omnibus II
Omnibus II has been delayed again with the new date of implementation set at 20 November, Post understands.
Charles Taylor revenue strong and steady at £53m despite 'subdued' claims environment
Insurance business Charles Taylor Company delivered a stable performance during the first half of the year, with a flat revenue of £53m (2011:£49.3m), thought to be due in part to a series of one-off charges and a "subdued" energy claims environment.
Labour ministers slam Solvency II anti-competitiveness
The Labour Party has criticised the Solvency II directive for potentially damaging competition in the UK insurance market.
ITAS Mutua rating affirmed at 'BBB'
Italian insurer ITAS Mutua's has had its insurer financial atrength rating affirmed at 'BBB' with a negative outlook.
Swedish insurer on cusp of record private equity sale
Swedish insurance group Länsförsäkringar is close to selling a €1.5bn portfolio of private equity interests, which if completed would be one of the largest divestments by a European institution.
Eurozone crisis: Continental thrift
Trouble in the Eurozone is causing headaches for governments across the continent, but what impact will it have on the insurance industry? And how can companies prepare?
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Milliman launches Solvency II reporting tool for insurers
Global consulting firm Milliman is launching a suite of Solvency II analysis and reporting tools designed to meet the demands of European insurers and reinsurers.
Insurers must act on Eiopa's Solvency II reporting guidelines
Guidelines released last month remove uncertainties surrounding Solvency II legislation, but, as David Foster reports, the reporting requirements remain demanding.
Insurance Europe pledges support for EU occupational systems study
Insurance Europe is backing plans by the European Insurance and Occupational Pensions Authority to carry out a thorough quantitative impact study on the review of the EU Institutions for Occupational Retirement Provision Directive.
Eiopa guideline poll
Are insurers prepared for updated guidelines to Solvency II?
Escott quits Capita
Capita's general insurance managing director, Brent Escott, pictured, has left the business by "mutual agreement" after seven months in the job.
Single accounting framework is an 'ideal' that would take 'years'
The benefits of a single set of accounting standards have long been debated, but a recent report has revealed a surge in insurer support. Francesca Nyman considers the feasibility of this goal.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Rumours of Solvency II M&A greatly exaggerated
Solvency II will not result in market consolidation, at least not in the near term, according to Ovum's senior analyst for insurance technology.
Asian enterprise risk management gathering steam
The Asia insurance sector lags behind Western markets in terms of enterprise risk management. Nicky Burridge investigates the issues bringing the matter to the top of the agenda.
Post magazine - 19 July 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Industry left dangling on key issues as parliaments take summer recess
The insurance industry has been left in limbo after the UK and European parliaments failed to address a list of key issues as they broke for summer recess.
Top five European news stories
The top five European stories from www.insuranceinsight.com over the past seven days.
Eiopa urges insurers to use ORSA guidelines
The European Insurance and Occupational Pensions Authority has published its final report on the draft guidelines for Own Risk and Solvency Assessment.
Solvency II timetable faces more delays after failed talks
Solvency II regulations could face more delays after talks to finalise the legislation ended without conclusion, according to a UK insurers trade body.
Insurers in 'limbo' after Solvency II meeting ends in stalemate
The Association of British Insurers has warned of further Solvency II delays after decision makers in Brussels failed to agree on the final draft of the directive.
Eiopa guidelines give clarity now insurers must act say analysts
Insurers were urged to get their final Solvency II preparations underway following the release of Eiopa’s Guidelines for Solvency II Reporting & Disclosure this week.
Solvency II report is progress, analysts say
Market analysts have praised the "encouraging" European Insurance and Occupational Pensions Authority's report on the benefits of current Solvency II templates.