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Prudential Financial has "learned lessons" after shutting insurtech acquisition Assurance IQ
02 May 2024Confident of expanding Bermudian reinsurer Prismic despite regulatory change
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Paul Fulcher joins consulting and actuarial firm
01 October 2018ALM and capital management expert quits Nomura after six years
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Online retailer buys P&C insurer, plans customised policies
29 January 2018Rakuten will use customer data to design bespoke policies through Asahi Fire & Marine
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Comment: Weak UK government bad news for insurers in need of key reforms
09 June 2017Whether it's the business of reforming elements of Solvency II, guaranteeing market access for UK firms selling into Europe or reforming the Ogden discount rate, a weak government will mean gridlock and uncertainty, says Callum Tanner
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UK insurers' legal challenge on risk margin scuppered by regulator
16 February 2017Legal advice commissioned by British insurers suggested that a future management action could allow firms to significantly reduce the risk margin even while the UK regulator remains bound to EU law. So far that advice has fallen on deaf ears. Callum Tanner reports
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Eiopa stress test reveals UK reliance on long-term guarantees package
16 December 2016UK insurers' solvency drops to 51% on purer market-consistent basis
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Brexit shifts debate on Solvency II reforms
13 October 2016Many see Solvency II rules as a largely British export to Europe, but once the UK leaves the EU, the remaining member states are likely to take the directive in a new direction. Callum Tanner reports
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Dutch regulators cut risk margin for funeral services insurers
06 July 2016Cost of capital to be reduced from 6% to 4%
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Solvency II VA benefit falls 1bps
06 July 2016Eiopa updates composition of representative portfolio
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Unfreezing the UFR
26 April 2016The revised methodology for calculating the ultimate forward rate may not be a catastrophe for all insurers with long-term liabilities, but it will put an unwelcome spotlight on solvency and accelerate the redesign of products. Hugo Coelho reports