Archive

  • Bank of England ignites the debate on UK-EU Solvency II equivalence

    12 February 2021

    The EU is in no rush to grant the UK reciprocal equivalence on Solvency II and has stirred anger by saying it wants to see how far the UK diverges before giving the green light. Paul Walsh assesses the state of play and whether there is any potential for a future agreement

  • UK insurers face multi-million payouts after losing BI appeal

    15 January 2021

    Courts ruled in favour of Financial Conduct Authority in business interruption test case

  • PIC sparks up £3.4bn bulk annuity deal with BAT

    01 August 2019

    Largest ever transaction for specialist UK insurer

  • Debate over the insurability of GDPR penalties

    10 July 2019

    Herbert Smith Freehills says the question is likely to come before the courts

  • SFCRs need to show how capital is generated - analyst

    15 May 2019

    Stress and sensitivity testing also lacks consistency

  • PIC completes £725m buy-in

    30 November 2017

    Attractive pricing helped by significant de-risking by the fund

  • UK insurers play it cool on Part VII transfers

    03 October 2017

    Brexit is expected to cause a rush of requests to transfer insurance contracts between businesses. But so far, there has not been a deluge of Part VII applications. Paul Walsh reports

  • PRA rejects lawyers' accusations of gold-plating

    03 August 2017

    A "judgement-based supervisory approach" is "consistent with statutory objectives"

  • Australian life insurers urge government to give self-regulation time to work

    30 March 2017

    Corporate regulator says new business code must be practised, not just preached

  • Australian life industry considers submitting new Code of Practice to regulator

    30 March 2017

    Watchdog says this might "send out a strong message", but is voluntary