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Insurance Regulation

BOE Publishes 2022 Stress Test Feedback to Insurers

24 January 2023 alastair walker 0

The Bank of England, via the Prudential Regulation Authority, has sent a letter to insurers, after stress tesing was carried out in 2022. Generally, the marks are pretty high, although the PRA notes that cyber […]

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Global insurance trends

MAPFRE RE Boosts Cash Reserves

4 December 2022 alastair walker 0

The Board of Directors of MAPFRE RE has agreed to raise the company’s capital by the amount of 250 million euros. The purpose of this transaction is to reinforce MAPFRE RE’s balance sheet so it […]

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Insurance Regulation

Solvency II is Still a Drag on Investment, Says ABI

21 July 2022 alastair walker 0

The latest from the ABI; The insurance and long-term savings industry has today submitted its response to the Government’s consultation on Solvency II, the insurance and long-term savings industry’s prudential regulatory regime, setting out how […]

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Global insurance trends

New Rules in Russia For Overseas Insurers

23 August 2021 alastair walker 0

The latest from TASS; Foreign insurers from member-states of the World Trade Organization (WTO) will be able to create branches and run the insurance business in Russia. The relevant law came into force yesterday. According […]

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Global insurance trends

GlobalData Sees Tough Times Ahead for South Africa

3 May 2020 alastair walker 0

South African insurance GWP is set to decline in 2020 as businesses shut up shop, and the country’s faltering economy will struggle to cope, according to GlobalData, a leading data and analytics company. GlobalData’s revised […]

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