Insurance & Reinsurance

Regulatory: ARIAS US Builds Affiliate Network, Smooths Arbitration Process

ARIAS•U.S., the non-profit corporation dedicated to improving the insurance and reinsurance arbitration process for both the domestic and international markets, has now formally affiliated with its related organizations, ARIAS-Asia, ARIAS-Latin America, ARIAS-Germany, ARIAS-France, and ARIAS-U.K. […]

Insurance Regulation

Regulatory: EIOPA Publishes Climate Change Enhanced Solvency II Guidelines

The European Insurance and Occupational Pensions Authority (EIOPA) published today an Opinion on Sustainability and Solvency II. The Opinion addresses the integration of climate-related risks in Solvency II Pillar I requirements. While Solvency II – as […]

Insurance Regulation

Regulatory: Altus Creates Vulnerable Customer Assessment Tool

Financial Services software provider and consultancy services Altus announces today the launch of a tool to help financial services firms assess their capability in identifying and managing vulnerable customers. The Financial Conduct Authority (FCA) published […]

Insurance Regulation

FCA CEO Offers Update on Brexit Preparations & Regulations

Andrew Bailey, CEO of the FCA is giving a speech today at Bloomberg on the subject of preparations for Brexit. Here are some extracts from the draft; “At the heart of the FCA’s approach is […]

Congestion looks likely as school holiday getaway begins this friday, says RAC.
Insurance Regulation

ABI Issues Guidelines on Offering Insurance For Convicted Drivers

The Association of British Insurers (ABI) has issued updated guidance to help insurers treat people with criminal convictions fairly and in compliance with the law. The Guide sets out high-level standards of how insurers should […]

Insurance Regulation

ACSO Reaction to ABI Premium Tracker Announcement

Matthew Maxwell Scott, executive director of ACSO, has criticised the ABI after the trade body issued its latest premium tracker today (29 July). He said: “The ABI’s inconsistency on personal injury is breathtaking. Today, Mark […]

Insurance Regulation

Regulatory: ABI Slams Government Over Discount Rate Change

In the wake of the Ministry of Justice setting a new Discount Rate of minus 0.25%, Director General of the Association of British Insurers, Huw Evans, has written a letter to Lord Chancellor David Gauke […]