Christopher Cundy

PRA eases some reporting requirements in updated Solvency UK proposals

Disclosure reforms should save UK industry approximately £63m a year

PRA finalises internal model and threshold changes to Solvency UK

Changes include clarifications on use of capital add-ons, and a higher threshold for applying solvency regime

Ageas confirms £3bn bid to acquire Direct Line

But Direct Line board rejects bid saying it undervalues the group

UK insurers announce 10-step plan to address soaring cost of motor cover

Association of British Insurers suggests action from insurers, government and regulators

Names emerge of three new UK insurers poised to enter bulk annuity market

Booming volumes attract competitors to eight already active in the business

PRA ignoring competition and economic growth objectives in MA reform, say actuaries

Institute and Faculty of Actuaries responds to regulator's matching adjustment proposals

Wefox appoints Dominik Ulrich as chief risk officer

Scottish Widows doubles individual annuity sales

General insurance premiums also grow, but underwriting remains unprofitable

European insurers set for RT1 debt issuance spree

Overall debt costs will increase, says Moody's

Singapore regulator issues guidance on quantum computing risks