Archive

  • UK insurers' Brexit choices become a test of EU regulatory convergence

    13 July 2017

    Eiopa's opinion on Brexit may have scotched the plans of London firms hoping to reinsure 100% of EU risks back to the City. But are some regulators offering a lighter-touch version of the rules than others? Callum Tanner reports

  • The new additions to InsuranceERM's Most Influential list

    04 May 2017

    Nine executives recognised for their work on risk and capital management, Brexit and Solvency II

  • European insurers hold out hope on UK market access

    13 April 2017

    With article 50 triggered, insurers in the UK and EEA wait with bated breath for news on what will replace passporting. Although the EU looks set to take a tough line on access to the single market for the UK, pressure is mounting on the UK government to avoid retaliation. Callum Tanner reports

  • Yes, no, maybe: the PRA responds to industry's Solvency II reform agenda

    17 March 2017

    The UK regulator has made a point-by-point reply to the Association of British Insurers' agenda for Solvency II reforms and confirmed its priority to review the reporting requirements. Christopher Cundy reports

  • Insurers split on recovery and resolution planning

    16 March 2017

    As the IAIS looks to develop a market-wide approach to systemic risk, Eiopa is developing rules that will require recovery and resolution plans from all insurers regardless of their size. This broader approach to systemic risk has split industry opinion and pitted large firms against small. Callum Tanner reports

  • UK insurers' legal challenge on risk margin scuppered by regulator

    16 February 2017

    Legal advice commissioned by British insurers suggested that a future management action could allow firms to significantly reduce the risk margin even while the UK regulator remains bound to EU law. So far that advice has fallen on deaf ears. Callum Tanner reports

  • UK's problem with Solvency II isn't EU red tape: it's gold plating

    17 November 2016

    MPs investigating post-Brexit Solvency II reforms should focus on the UK regulator, rather than Brussels bureaucrats, according to insurers. Far from throwing off the shackles of Europe, most firms hope any changes will be minor and phased in slowly. Callum Tanner reports

  • ABI creates prudential regulation committee

    02 March 2016

    Replaces Solvency II committee, but initial focus will be on internal models

  • UK is gold-plating Solvency II audit requirements - ABI

    24 February 2016

    Association calls for proportional treatment of smaller insurers