Insurance Regulation

EIOPA Publishes Second Report on Insurance & Pensions Investments

The European Insurance and Occupations Pensions Authority (EIOPA), has today published its second report on cost and past performance of insurance-based investments products (IBIPs) and personal pension products (PPPs) in the European Union. The report is published following a request from […]

News

CoronaVirus Hits Pension Assets & Stocks – Liability Deficit Reaches £80bn

Mercer’s Pensions Risk Survey data shows that the accounting deficit of defined benefit (DB) pension schemes for the UK’s 350 largest listed companies increased from £57bn at the end of January 2020 to £68bn on […]

News

Pension Sale Regulation: FCA Dishes Out £23m Fine to The Pru

The Financial Conduct Authority (FCA) has today fined The Prudential Assurance Company Limited (Prudential) £23,875,000 for failures related to non-advised sales of annuities. Between July 2008 and September 2017, Prudential’s non-advised annuity business focused on […]

Technology

Dentists Provident Goes Live With Sapiens Software

Sapiens International Corporation, (NASDAQ and TASE: SPNS), a leading global provider of software solutions for the insurance industry, today announced that Dentists’ Provident, a mutual organization and a leading provider of income protection insurance to dentists […]

Insurance & Reinsurance

Reinsurance: Pru Teams Up With Phoenix on Longevity Agreement

The Prudential Insurance Company of America (PICA), a subsidiary of Prudential Financial, Inc. (PFI), a financial services leader with more than $1 trillion in assets under management as of June 30, 2019, with operations in […]

UK Insurance Trends

Pensions: Smartphone Tech Will Lure in Millennials, Says Atos

Atos, a global leader in digital transformation, believes technological developments will play an increasingly significant role in getting Millennials and Generation Z savers to engage with their pensions and plan for retirement. In its latest […]

Life/Health/Critical illness

Brexit: Existing Pensions and Life Insurance Rules Unchanged

Today, the European Insurance and Occupational Pensions Authority (EIOPA) issued Recommendations for the insurance sector in light of the United Kingdom (UK) withdrawing from the European Union without a withdrawal agreement.  The Recommendations addressed to […]