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IAIS to release ComFrame draft
Will launch on 2 July
Law firm RPC to open office in Hong Kong
Team of 40 will cover insurance, litigation and commercial work
Solvency II goes global
Solvency II, even before it goes live, is having an impact far beyond the 30 European countries it applies to. Three countries have applied for equivalence with the EU regime, eight others are interested in the transitional equivalence provisions and other countries are adopting some of the principles of Solvency II, as Lorna Davies reports
South Africa, Israel, China and others keen on transitional equivalence
Eiopa says only Bermuda, Switzerland and Japan likely to gain SII equivalence by 2014
China's P&C industry set for long-term growth
But will slow in 2012, says Moody's
Brazil's economy fuels growing insurance market
Non-life premium increased 16% in 2011
Lloyd's emerging markets expansion could be risky
Fitch points to last year's Asia-Pacific losses
Asia seeks to marry best of Solvency II with local insurance needs
Some large Asian insurers are raising the level of their risk and capital management to reflect key elements of Solvency II but in its detail the directive represents a European framework and may not fit all requirements of Asian markets, as Graham Handy, Philip Rodd, Russel Lok and Sumit Narayanan explain
Pru benefits from strong performance in Asia
Standard Life boosted by Canada
Thai floods compound losses for reinsurers
New national catastrophe fund won't help them either, says Moody's