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US Elections: a divided government is good for insurers
Joe Biden's win comes after an extended period of uncertainty and division that has clouded US politics. However, division is not the worst enemy of the US insurance industry, but "populist" reforms promised by the Democratic party may well be. Sarfraz Thind reports
UK government grants EEA states Solvency II equivalence
The measures cover reinsurance, group capital and group supervision
Eiopa lowers assessment of insurers' risk exposures
But the supervisory body says concerns remain
Australian life insurers get new code of conduct
Financial Services Council will submit revised code to regulator
Apra wants greater transparency into Australian insurers' cyber losses
Regulator is consulting on declassifying other life and non-life insurance data
Lemonade chief slams price comparison websites
Daniel Schreiber says the websites hinder innovation and increase consumer costs
Five EU associations call for Solvency II capital reduction
Coalition of insurance groups say cut needed to help sustainable economic recovery in EU
Folksam leaks 1m customers' private data to tech giants
The incident has been reported to the Swedish Data Protection Authority
German insurers explain their vision for successful Solvency II proportionality
GDV paper on proportionality being published later this week
Eiopa in 2021: more staff, more responsibilities
Europe's insurance authority is hiring nearly 35 more staff as its responsibilities grow. Executive director Fausto Parente explains what they will be doing, in conversation with Christopher Cundy