Insurance Regulation

ABI Reaction to BI Judgement by UK Supreme Court

The UK Supreme Court has today delivered its verdict on the appeals heard in the business interruption insurance test case. The appeals were brought by the FCA, Hiscox Action Group and six of the eight […]

News

Motor Traders Very Keen On Brexit Deal

The Society of Motor Manufacturers and Traders (SMMT) is calling for the immediate ratification by UK Parliament of the draft UK-EU Trade and Cooperation agreement (TCA), to ensure all automotive companies benefit from continued tariff-free […]

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 […]