"While the compromise reached between the institutions on Omnibus II is not the ideal solution the insurance industry would have wished for in terms of correctly reflecting insurers' long-term business and low exposure to market volatility, we do believe it is a workable base from which to develop the technical details of the new regulatory regime"
Sergio Balbinot, president, Insurance Europe
The executive director of insurance supervision at the Prudential Regulation Authority (PRA) opens up on the risks facing life insurers, how the regulator's competitiveness objective is being realised, and how UK insurers are exposed to complex international linkages
Progress noted in claims handling, but loyalty concerns persist as satisfaction falls
Consultants at Barnett Waddingham analyse key considerations and challenges
Paul Murray anticipates moderate expansion amid shifting global pension and mortality landscapes
Increasing rates will not solve the current crisis, Dave Jones says