Boston, MA – Changes to solvency regulation in Europe and the United States will have key implications for insurers and actuaries, attendees of the Casualty Actuarial Society (CAS) annual meeting ...
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.
In March, the European Parliament voted to adopt Omnibus II, a crucial component of Solvency II, the European Union directive on capital adequacy and risk management for insurers. Here, Susan Wright, ...
The European Commission has adopted an Implementing Regulation on the risk-free rate under the Solvency II Directive (2009/138/EC). The Implementing Regulation sets out technical information to be ...
On June 8, 2017, the European Commission adopted a Delegated Regulation amending the Solvency II Delegated Regulation ((EU) 2015/35) concerning the calculation of regulatory capital requirements for ...
As a "root and branch reform" of insurance regulation in the European Union, Solvency II will put governance at center stage, according to Naren Persad, a senior consultant with Towers Watson in ...
This is taken from a series of blogs on various regulation themes that are occupying the minds of asset managers and fund administrators globally. While Solvency II is of European origin, it has ...
Franklin Templeton Investments has retained Dublin-based financial regulatory compliance and data utility services provider Silverfinch to address look-through data requests generated as a result of ...
The Prudential Regulation Authority (PRA) in the UK has fined U K Insurance Limited (UKI Limited) £10m ($14m) after the ...
Asset managers’ approaches to the Solvency II regulation, and their readiness for the 1 January 2016 implementation, differs depending on geographies, according to a Silverfinch white paper. According ...
A golden rule in management indicates that changes should ideally take place before problems emerge, anticipating them and ensuring a timely response, thus enhancing effectiveness. In order to do so, ...
Britain's banking ​stability watchdog has fined U ‌K Insurance Ltd, now part of Aviva , 10.6 million pounds ($14.2 ​million) ...