ESRB locks horns with Eiopa over Solvency II UFR

The ultimate forward rate has been one of Solvency II's least contentious elements – until now. The European Systemic Risk Board is pushing for a revision that could have a dramatic effect on insurers' solvency. Hugo Coelho reports


Morgan Stanley downgrades European insurance sector

Concerns grow about impact of low bond yields


Delta Lloyd raises €338m to shore up Solvency II capital

Insurer concerned over uncertainties in looming EU rules


QE reveals the deception of the Solvency II curve

The Solvency II discount curve is masking the impact of tumbling interest rates and artificially increasing levels of available capital, but firms and supervisors are already seeking to gauge the true vulnerability of businesses. Hugo Coelho reports


Morgan Stanley: insurers entering "expansion" cycle

Firms expected to re-risk and raise leverage


Friends Life merger will strengthen capital and liquidity, says Aviva

Deal would create UK's largest life insurer


Analysts estimate HLA impact for Allianz

Will shrink capital surplus for G-SIIs


Potential for "unwelcome surprises" in Solvency II highlighted

Morgan Stanley cautions over internal model and matching adjustment


Another crisis could entail AIG and Prudential firesales

Sifis present 'living wills' to Federal Reserve


UK storms and floods to cost £1.1bn

Insurers paying out equivalent of £6.7m a day for flooding