"Importance of long-term guarantees underestimated in Solvency II"

Olav Jones, deputy director of Insurance Europe, says the deadlock in the Omnibus II trialogue talks over long-term guaranteed products has caused "disappointment all round"-- and the importance of these measures was underestimated in the directive in the first place.. Lorna Davies reports


Central Bank of Ireland devises ORSA reporting tool

Ireland's financial supervisor has announced plans for a framework for an ORSA reporting tool for smaller firms to make the process more efficient. It says it's not adding to Eiopa's guidance on the subject -- but some will see the tool as exactly that. Lorna Davies reports


LMA reviews business interruption after 2011 cats

Draws up questionnaire for prospective insureds


Poland and Canada join IAIS memorandum

As well as the Isle of Man and Luxembourg


Research projects driven by mix of altruism and business logic

Climate change, floods, longevity, volcanoes, the Arctic ice cap, the Great Barrier Reef - all have been the subject of various research projects funded by re/insurers or brokers. However altruistic the support of these projects appears, they all ultimately bring some benefit to the sponsors, as Sarfraz Thind explains


Swiss Re and Aspen executives join AIA board

American Insurance Association elects Solitro and Vitale


CEA becomes Insurance Europe

Unveils new corporate identity