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PRA fights back with Solvency II defence
23 February 2017Aviva and L&G chief executives have exaggerated the problems with Solvency II, according to PRA chief Sam Woods. Given more freedom outside the EU, the UK regulator is unlikely to make sweeping changes. Callum Tanner reports
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UK insurers emphasise post-Brexit opportunity
26 January 2017Senior management from Lloyd's, L&G, Prudential and the ABI have presented evidence to the Treasury Select Committee. With a hard Brexit now on the horizon most firms have given up on retaining single market access and are instead focusing on the benefits of changing Solvency II. Callum Tanner reports
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ABI commissioned legal advice on Solvency II risk margin
25 January 2017PRA could change risk margin while still in EU, says Huw Evans
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L&G hires EY actuarial expert as CFO
22 December 2016Jeff Davies will replace Mark Gregory
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UK firms call for automatic Solvency II transitional recalculation
05 December 2016Referring back to "redundant" Solvency I regime pointless, says L&G
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Chesnara raises cash to fund €160m L&G Nederland acquisition
24 November 2016Receives £70m from investors and arranges £47m debt facility
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L&G strikes £1.1bn bulk annuity deal
14 November 2016Retirement division hits £6.7bn in sales
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L&G outlines appetite for model error risk
07 November 2016Worked with Deloitte to set up model risk and controls framework
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Bulk annuity market strong despite low rates, regulation and Brexit
27 September 2016L&G wrote £1.2bn of business across third quarter in UK and US
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Phoenix in talks to acquire Abbey Life
16 September 2016Major deal in the works for closed life insurer