Pension Insurance Corporation adds to bout of activity in sector this year
Perhaps with an eye on the captive insurers in European locations concerned at forthcoming Solvency II regulations, as well as on the exploding demand for financial services in the Gulf, Qatar has launched an ambitious bid to become a base for captives. Lorna Davies assesses its chances of success.
But insurer "remains on target" for full-year profit
Will help "fine tune" reinsurers' estimation of risk
With Solvency II looming large on the horizon, insurers are taking a hard look at the capital efficiency of their businesses and are likely to dispose of portfolios that don't meet the grade.
But many do not think directive will meet its objectives
Authorities to monitor whether equivalence would be beneficial.
EIOPA supersedes CEIOPS in January 2011 and is set to become much more than the advisory body that it replaces. Richard Burger and Imogen Hurst look at EIOPA's controversial new powers and their impact.
Aviva has joined the Life & Longevity Markets Association, bringing the LLMA's membership to eleven.
Although implementation of Solvency II is only just over two years away, many issues still have to be resolved which could significantly change the impact of the directive. Jon Hocking and Farooq Hanif of Morgan Stanley and Lukas Ziewer and Astrid Jaekel of Oliver Wyman highlight the issues and explain the uncertainties around them.