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