Solvency II
Gable shareholders to meet to determine company’s future
A meeting will take place this afternoon to give Gable shareholders a final opportunity to inject fresh capital into the business.
Esure on track for full year growth says CEO
Top-line growth remains on track for the full year following continued growth in Q3 says Esure CEO Stuart Vann.
Gable needs further capital to stave off insolvency, administrator warns
The administrator responsible for Gable has requested a further capital injection in order for the company to remain solvent.
The rise and fall of Gable – where does this leave brokers?
The Liechtenstein-based insurer entered administration last month
State of the Broker Nation: Regulation
In the second part of Post’s research, brokers talk candidly to Michèle Bacchus about the British Insurance Brokers’ Association, the Financial Conduct Authority, the government and the European Union
Insurer Gable goes into administration
Troubled insurer Gable has gone into administration because it couldn’t meet the obligations of Solvency II.
Where are all the full-stack insurance start-ups?
Capital requirements and regulations have been blamed for putting off new full-stack insurers from establishing in the UK but Brexit won't necessarily help start-ups.
Only a quarter of UK insurers now support Solvency II
Support for Solvency II is waning with just a quarter of UK insurers believing the regime is the best way to run their business.
Gable CEO Dewsall lambasts "devastating" Solvency II as Brexit blamed for £2.3m loss
The chief executive of Gable Holdings has described the impact of Solvency II as “devastating” and that it had rendered its business model “obsolete”.
Regulation is 'number one threat to insurer investment'
UK insurers view regulatory risk as the number one concern effecting a firms’ investment strategy, according to the global insurance survey.
Enterprise Holdings calls in administrators in light of legal action, liquidator warns of fraudsters
The parent company of failed Gibraltar insurer Enterprise has appointed two liquidators to “protect and safeguard” its assets.
Market reacts to PRA consultation papers on Solvency II
The Prudential Regulation Authority has released a consultation paper with a draft supervisory statement on its expectations of insurers in significant loss events.
Week in Post: Caterpillars, DIY and D&O
As a mum to an eight-month-old, the most high-tech my life gets is reading The Very Hungry Caterpillar. So I don't get many software or hardware issues.
Treasury Committee Brexit investigation could lead to the end of Solvency II
The Treasury Committee is set to examine Solvency II in the wake of Brexit, with the possibility of exiting the regulatory regime entirely.
Esure decision to demerge Go Compare not driven by Solvency II
After its decision to demerge the price comparison site Go Compare and list it in the stock market, Esure have denied claims that the move was driven by Solvency II.
Did the Gibraltar regulator miss the warning signs?
The Gibraltar Financial Services Commission has once again fallen under scrutiny after Enterprise Insurance became the third major insurer to collapse in the tax haven in recent years.
Europe: Bermuda and its Solvency II equivalent meet the highest standards
Bermuda has been granted equivalent status under the Solvency II directive, besides being approved as a qualified jurisdiction by the US National Association of Insurance commissioners.
Esure's Stuart Vann on why whiplash reforms need to stay on the government agenda
With parliamentarians heading back to work in the next couple of weeks and the Brexit decision two months behind us, attention now needs to turn to the deliverables the government signed up to in advance of the referendum and the subsequent change of…
Europe's insurance market grows despite 'needlessly expensive' Solvency II
Europe’s insurance industry had almost €9800bn invested in bonds, company shares and other assets in 2015, representing a 1.7% increase on the previous year.
NEDs: With great power comes great responsibility
There was a time, or so the old insurance hands say, when being a non-executive director was something of a cushy number: The sum total expected of a NED was to turn up for 12 board meetings a year, read the odd report, and play a few rounds of golf with…
Gable Insurance's first decade: seven lessons for start-ups
It is now four weeks since Gable announced it was cutting back its underwriting operations in light of compliance issue with Solvency II.
Brexit will not affect UK Gibraltar business relationship, says Hastings
In light of Hasting’s strong financial results today, chief financial officer Richard Hoskins has said that the group is not concerned about Brexit affecting its growth.
Europe: Measuring the cost of liquidity under Solvency II: fund or deposit?
Liquidity funds have been receiving increased attention from insurance companies. Indeed, some banks in developed markets are reducing their appetite for short-dated funding from non-bank financial institutions.
Gable non-executive director Andrew Trott resigns
Gable non-executive director Andrew Trott has resigned from his post as the troubled insurer looks to streamline its board as part of an ongoing strategic review.