Regulation Solvency II, Risk-based capital, Accounting/Tax

News

Free listing deadline closes today for InsuranceERM's technology guide

Entries should cover insurance risk management software - and the deadline is today 12 August

CRO Forum adds space debris and climate engineering as emerging risks

Climate change and cyber risks are listed as the most pressing threats for insurers in 2022

Irish regulator launches climate risk guidance for re/insurers

The Central Bank of Ireland says climate change is no longer an "emerging risk"

Direct Line chief bemoans "greater than anticipated" pricing reform impact

The UK general insurer was also severely affected by heightened inflation

"Signals of change" could pressurise commercial insurers, warns KPMG

KPMG said the sector "should not stand still" in the face of challenges

Full extent of transitional measures in Germany revealed

The measures and the volatility adjustment maintain capital adequacy for some insurers

Insurers making progress in early stages of climate work, says NYDFS

However, work still remains for next level risk analysis

UK GI firms reported 662 employees over conduct breaches

Only three of the employees were senior managers

UK consults on powers for insurers' critical outsourcing

Financial Services and Markets Bill proposes new supervisory powers

UK's finance minister vows to repeal "hundreds of pieces of retained EU law"

Nadhim Zahawi tells City UK needs "financial regulation right for us"

European insurers have over 5,000 outsourcing arrangements

Eiopa finds 2.8 average delegation rate per undertaking

Analysis

Fighting fires in the US

Wildfires are raging once again and insurers are under pressure to maintain coverage in high-risk regions. But the industry can do more to help itself and society as David Sampson, president of the American Property Casualty Insurance Association, explains to Sarfraz Thind

Solvency II in Germany: four insurers below 100% ratio without transitional measures

New analysis from Insurance Risk Data picks up where Eiopa left off, evaluating the use of the long-term guarantees measures in Germany, the EEA country where they are most popular. David Walker reports

The UK's Solvency II reform proposals: reactions summarised

Actuaries, US insurers, environmental campaigners have joined the UK industry in responding to Solvency II reform proposals. Christopher Cundy and David Walker report

Japan steps forward with ICS-based capital framework

Japan is midway through development of a new capital framework that takes its lead from the Insurance Capital Standard. This should make it a beacon for international prudential rules, as the FSA's Shigeru Ariizumi explains to Sarfraz Thind

Czech insurers awaken to digitalisation

Paul Walsh reports from Prague on the opportunities and risks for underwriters in the historically conservative Czech Republic market

R.I.P. traditional life insurance

Low interest rates killed off European life insurance products that offered policyholders guaranteed annual returns. Even now as rates rise, David Walker finds practitioners are ready to bury the concept