UK regulator proposes simplifications to Solvency II TMTP calculation

Simplified methods could be introduced by year-end


June date set for European Commission v Insurance Ireland hearing

The Irish insurance trade association has vigorously defended its InsuranceLink database


Insurtech weekly: HDFC Ergo, Akinova, BMA, Certua, Snapsheet

InsuranceERM rounds up the latest developments in the fast-moving world of insurtech


Gibraltar insurer files for insolvency

Parent company unable to secure additional funding


Nigeria hikes insurance capital by 300%

Naicom says existing companies must comply by June next year


IFRS 17 will expose insurers' weak balance sheets in some jurisdictions

But Moody's says IFRS 17 is unlikely to alter its view of insurers' credit ratings


IASB improves IFRS 17 treatment of deferred annuities

Consultation period cut to 90 days; description of mutual insurers remain but with footnote added


Bermuda taken off EU tax blacklist for now

Moved to grey list, given until end of year to comply with tax rules


Georgia insurance commissioner suspended over $2m fraud charges

Georgia governor signs executive order to immediately suspend Jim Beck


UK insurers reveal priorities in Solvency II review

Pensions superfunds and cyber risk also highlighted among regulatory concerns