How significant are the changes coming due to the revised Solvency UK package and have the government obj...
BoE to demand cyber and property data under new SII reporting rules
The Bank of England wants UK (re)insurers to report on cyber risk exposure and certain specialty non-life products, including property and business...
The Bank of England wants UK (re)insurers to report on cyber risk exposure and certain specialty non-life products, including property and business...
Article / 9 days ago
Hannah Gurga comments on the Chancellor of the Exchequer’s speech on the economy
Commenting on the Chancellor of the Exchequer’s speech on the economy at Bloomberg this morning, ABI Director General Hannah Gurga says:...
Commenting on the Chancellor of the Exchequer’s speech on the economy at Bloomberg this morning, ABI Director General Hannah Gurga says:...
PR / 13 days ago
UK Insurers Fear That Promised Brexit Capital Reforms Will Be Derailed
Insurers loved the UK government’s long-awaited plans to free up billions of pounds of their capital. But after the celebrations have come fears...
Insurers loved the UK government’s long-awaited plans to free up billions of pounds of their capital. But after the celebrations have come fears...
Article / 17 days ago
Treasury presses on with Solvency II reform plans
The UK Government wants to free up capital from insurers' Solvency II requirements to boost investment activity....
The UK Government wants to free up capital from insurers' Solvency II requirements to boost investment activity....
Article / 23 days ago
Bank of England says insurance reform must not repeat Equitable Life debacle - Reuters
Britain's proposed changes to capital rules for insurers could lead to the government having to bail out policyholders, as happened 20 years ago after the near-collapse of life assurance company Equitable Life...
Britain's proposed changes to capital rules for insurers could lead to the government having to bail out policyholders, as happened 20 years ago after the near-collapse of life assurance company Equitable Life...
reuters.com /
Article / 23 days ago
European financial firms call for further changes to sustainability reporting standards
European financial firms have called for changes to the European Sustainability Reporting Standards (ESRS), which they will have to apply in 2024 for 2025 reports. In response to the first proposed…
European financial firms have called for changes to the European Sustainability Reporting Standards (ESRS), which they will have to apply in 2024 for 2025 reports. In response to the first proposed…
Article / 24 days ago
UK insurance: shares in Aviva and Admiral shrug off Bank of England's warnings of a 'prolonged' recession in the sector - CityAM
The UK's insurance companies were told to brace themselves for a “prolonged” recession by boosting their risk management processes...
The UK's insurance companies were told to brace themselves for a “prolonged” recession by boosting their risk management processes...
cityam.com /
Article / 1 month ago
Regulation update - January 2023
On 9 December, the UK Chancellor announced his ‘Edinburgh reforms’ of financial services. The centrepiece is the government’s proposed reforms to Solvency II, which the Chancellor claims will...
On 9 December, the UK Chancellor announced his ‘Edinburgh reforms’ of financial services. The centrepiece is the government’s proposed reforms to Solvency II, which the Chancellor claims will...
Article / 1 month ago
IUA outlines business plan for 2023
The International Underwriting Association has published its business plan for 2023, highlighting key challenges for London Market insurance companies in the months ahead...
The International Underwriting Association has published its business plan for 2023, highlighting key challenges for London Market insurance companies in the months ahead...
PR / 1 month ago
Insurers views on sustainability risks in Solvency II - Actuarial Post
Insurance Europe has published its views on the integration of sustainability risks in Solvency II. Europe’s insurers support the EU’s ambitious sustainability agenda...
Insurance Europe has published its views on the integration of sustainability risks in Solvency II. Europe’s insurers support the EU’s ambitious sustainability agenda...
actuarialpost.co.uk /
Article / 2 months ago