Australia, Chile and Israel interested in SII equivalence

European Commission has asked for seven countries to be assessed by Eiopa


Milliman opens office in Brussels

Focus will be on risk modelling, ERM and SII


Pension fund assets reach $28trn

They grew 4% in 2011, according to Towers Watson


French insurers shy away from internal models

Only a handful of firms will be ready to implement an internal model and the whole French market is struggling to prepare for Solvency II, with mutuals particularly badly hit by the proposed new regulations. Sarfraz Thind reports


Milliman opens in Dusseldorf

Leitschkis will head firm's second German office


BMA extends deadline for eligible capital compliance

Transition period to run till 2024 to match Europe's


MetLife sells banking assets

No longer wants bank holding company status


Sweden's insurers struggle to get ready for Solvency II

Despite strong QIS5 results, market participants agree that Sweden's insurers need to do a lot of work to get up to speed for Solvency II. Extending the go-live date to 2014 could bring much needed relief for both insurers and regulators, as Sarfraz Thind reports


Denmark ambivalent towards models

The sophistication of individual insurers and a developed regulatory regime has given Denmark a solid platform to prepare for Solvency II. But, as Sarfraz Thind reports, there's still much debate and uncertainty over the best capital modelling approach


Fairfax Brasil licenses Risk Explorer

Brazilian insurer wants software for solvency and IFRS purposes