"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


Towergate appoints group risk officer

Keith Jackson joins from Bupa


Asta appoints deputy CRO

Gosrani joins from Genworth Financial


Hiscox announces Thaker's new role

Musselle is promoted to CUO


PwC creates five insurance partners

They have actuarial, M&A, tax and capital markets expertise


Robin Spencer heads Aviva UK general insurance

John Lister takes on his CRO role


Mitsui Sumitomo appoints Martin Burke as CRO

Firm makes actuarial appointments too


Montpelier Re appoints risk analytics head

New role for Gero Michel


LV= aims at major revamp of its actuarial systems

The UK's largest friendly society isn't waiting for Solvency II to overhaul its actuarial processes and systems. It's already well into the project, despite also being in the middle of preparing an application to the FSA for an internal model


Amlin makes changes to risk function

To focus on Solvency II internal model