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Banque de France reveals priorities under Solvency II review
Governor François Villeroy de Galhau also tells insurers to reduce rates to policyholders and to diversify
IFRS 17: what insurers dislike from the final consultation
The treatment of reinsurance accounting under IFRS 17 appears to be the most consistent complaint from re/insurers, but deciding when the standard should take effect continues to generate disagreements among stakeholders. Cintia Cheong reports
Insurance Europe slams proposal to harmonise guarantee schemes
The lobby group warned of high costs and intractable challenges to harmonisation
Eiopa proposes extensive reforms for Solvency II 2020 review
Over 878 pages, the European Insurance and Occupational Pensions Authority has put forward dozens of important reforms to the EU’s solvency regime. Christopher Cundy summarises the main issues and shares his opinion on the potential impacts
Traditional insurance approaches "fail" on cyber risk
Milliman reviews the findings of a recent Eiopa cyber risk re/insurance study
Eiopa launches field test for revised Solvency II reporting
The field test forms part of the Solvency II 2020 review
Travel insurance commissions are violating EU laws, Eiopa warns
Thematic review reveals problematic business models and remuneration structures
Eiopa sets expectations on insurers to take climate action
Opinion on sustainability in Solvency II acknowledges challenges to integrating climate change risk
Actuaries and re/insurers join Eiopa's digital ethics expert group
First meeting is to take place next month
Brexit and low interest rates remain top risks for insurers
Supervisory vigilance and cooperation remains key