-
Protests against FTT build up steam
21 June 2013Europe's Financial Transaction Tax has now been adopted by 11 states. Many insurers argue that the tax will make running their businesses more difficult and costly -- to the detriment of their customers. With less than six months left until the official implementation date, Sarfraz Thind looks at whether the industry has time to make its voice heard
-
US has more reservations about Solvency II than a year ago
21 June 2013The federal threat to the US system of state-based insurance supervision is waning, according to Jim Donelon and Ben Nelson, the president and CEO of the National Association of Insurance Commissioners, but international pressure for reform is an ever-present danger. In a Q&A with InsuranceERM, the new officials also discuss progress on reinsurance collateral, the ORSA and principles-based reserving
-
Insurers face "biggest ever" financial reporting change
21 June 2013Third draft of international standard on insurer accounting released
-
RMS cloud will be AIR-less
21 June 2013Catastrophe modelling firms are promising to shift risk management into a higher gear with the launch of their various platforms and RMS has even thrown open its new service to third-party modellers. AIR Worldwide's Bill Churney explains why his firm won't be joining in
-
German insured loss from flooding could reach €5.8bn
20 June 2013Impact similar to if 2002 flood occurred today, according to AIR Worldwide
-
Infrastructure investment in vogue following Axa's €10bn plan
19 June 2013Concerns about treatment under Solvency II partially recede, says Fitch
-
Swiss Re stops 23 transactions on ethical grounds
19 June 2013Applies Principles for Sustainable Insurance for the first time
-
Industry digests impact of LTGA
18 June 2013The insurance industry has had barely three days to consider the report from Eiopa on the long-term guarantees assessment, but it's long enough for experts to have identified several problems and for lobby group Insurance Europe to express its disappointment at the latest proposals on Solvency II. Christopher Cundy reports
-
Hannover Re predicts German flood loss at €100m-200m
17 June 2013Reaffirms income guidance of around €800m for 2013
-
Eiopa drops counter-cyclical premium, extended matching adjustment in LTG report
14 June 2013Decisions should please UK insurers