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Change Solvency II to tackle climate change, insurers say
24 February 2021Direct Line outlines actions to address climate change
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"Pandemic Re" solutions may require mandatory purchase of cover
23 February 2021Barriers to creating a pandemic risk pool discussed at ABI's annual conference
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Matching adjustment becomes a battleground in UK's Solvency II consultation
23 February 2021Respondents to the UK's consultation on the future of Solvency II have taken starkly opposing positions on the matching adjustment, with some arguing for liberalisation and others for scrapping it. Christopher Cundy reports
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Bank of England ignites the debate on UK-EU Solvency II equivalence
12 February 2021The EU is in no rush to grant the UK reciprocal equivalence on Solvency II and has stirred anger by saying it wants to see how far the UK diverges before giving the green light. Paul Walsh assesses the state of play and whether there is any potential for a future agreement
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UK motor policyholders are due a £35 Covid-19 windfall, says consumer group
08 February 2021The Association of British Insurers stressed motorists were benefiting from a competitive motor insurance market
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Solvency II performed well during Covid-19, but challenges persist
04 February 2021Fitch event panellists discussed Solvency II, Covid-19 and post-pandemic recovery
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Genetic testing risks go under the microscope
03 February 2021Do life insurers really face the risk of adverse selection from customers that have taken predictive genetic tests? Academics think not, and insurers and policyholders could indeed benefit from wider use of genetic testing, as Paul Walsh reports
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Adaptation key to tackling flood risk, warns Flood Re chief
21 January 2021Andy Bord said adaptation is as important as mitigating future flood risk
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UK insurers face multi-million payouts after losing BI appeal
15 January 2021Courts ruled in favour of Financial Conduct Authority in business interruption test case
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UK trade credit reinsurance support programme extended
04 January 2021Government will now help underwriters until at least June 2021, in line with situation in Germany