Insurance Regulation

EIOPA Publishes Thoughts on Fine-Tuning Solvency II

The European Insurance and Occupational Pensions Authority (EIOPA) has published its Opinion on the Solvency II 2020 Review. EIOPA’s approach has been “evolution not revolution”. The measures proposed aim at keeping the regime fit for purpose […]

Global insurance trends

Commentary: Royal Bank of Canada’s Take on Zurich/MetLife Deal

Zurich has announced that it will acquire MetLife’s US P&C business for $3.94bn. Zurich will contribute $2.43bn via Farmers Group Inc and the Farmers Exchanges $1.51bn. Zurich’s share of the deal will be financed by […]

Insurance Regulation

ABI Response to UK Govt Spending Review

The UK government published a spending review today and the ABI has offered this response; On the development of a National Infrastructure Bank, Huw Evans, ABI’s Director General, said: “We welcome the new National Infrastructure […]

News

Lloyds Blueprint 2: Reaction & Comment

Responding to the publication of Blueprint Two by Lloyd’s, Christopher Croft, CEO of broker representative body LIIBA, commented: “This is an ambitious set of proposals that could deliver a significant reduction in the cost base […]

Flood Insurance

ABI & BIBA Respond to Doncaster Flood Insurance Review

The Association of British Insurers (ABI) welcomes today’s publication of the independent review into flood insurance following last November’s flooding in parts of south Yorkshire. Commenting on ‘The Independent Review of Flood Insurance in Doncaster’, […]

Insurance Brokers

Investment: Greener/Ethical Businesses Attracting More Cash

Investors are going greener, according to recent research from Aviva. Here’s the word from the press office; One of the side-effects of the Covid-19 crisis has been an increased interest in ESG investing by UK […]

News

FCA Decision on Crypto ETNs Is A Backward Step, Says Association

The Financial Conduct Authority’s (FCA) recent decision to ban the sale of derivatives and exchange traded notes (ETNs) linked to cryptoassets to retail customers is a huge setback for the UK in maintaining its dominant […]