The new rules on Solvency II will boost the role of the insurance and reinsurance sector in providing long-term private sources of investments to European businesses. At the same time they will make ...

The aim of this new review is to ensure that the UK’s prudential regulatory regime for the insurance sector is better tailored to support the particular structures, products and business models of the ...

The primary function of an insurer is the assumption and management of insurance risk. Very commonly, this will involve an insurer passing (or ceding) risk to other (re)insurers or protection ...

The state-based system of regulating insurance in the United States will be deemed equivalent to the European Union's Solvency II regulatory process without a significant overhaul of how it does ...

Despite less than 15 months to go until the implementation of the new European insurance regulatory regime Solvency II, many firms have yet to start preparing for their Pillar 3 transparency reporting ...

May 4 (Reuters) - The European Commission, regulators and the insurance industry are working on new capital rules, known as Solvency II, due to come into force on Jan. 1, 2013. The rules, which are ...

UK's PRA fined Aviva’s UK Insurance Ltd $14M over Solvency II balance sheet miscalculation for 2023 and 2024, impacting the Aviva and DLG group.

The chairman of the European Insurance and Occupational Pensions Authority has said the reforms of capital adequacy requirements for the insurance sector were “important and needed”. He said: “In 2020 ...

My colleague Ari Patinkin, research associate at the Competitive Enterprise Institute, contributed to this post. Although the inflation rate may be slowing, the American economy still faces headwinds ...

The Prudential Regulation Authority has fined Direct Line Group £10.6m after it miscalculated its Solvency II balance sheet during 2023 and 2024.

The European Insurance and Occupational Pensions Authority’s (EIOPA) plan to enforce the ‘hard’ implementation of Solvency II from 1 January 2014 has long been thought an optimistic deadline. Years of ...

Today, the Council agreed its position (general approach) on amendments to the Solvency II directive, the EU's main piece of legislation in the insurance area. The Council underlined that the ...