Despite delays and complaints the European Union’s Solvency II regulations, which cover the insurance industry, are slowly but surely moving forward. While most of the industry is primarily concerned with the regulations governing capital...
Prudential Plc is reviewing its domicile as a “possible response to an adverse outcome on Solvency II” regulations, the U.K.’s biggest insurer said after the Sunday Times reported it may move its headquarters to Hong Kong.
French insurer Groupama, which needs to improve its solvency by the end of the year to meet a key regulatory hurdle, is in talks to merge its property unit with a rival's under a...
Today's coordinated central bank liquidity injections coincide with liquidity concerns (USD LIBOR...
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Stefan Holzberger, A.M. Best’s managing director-analytics, recently moved to London from the U.S. He is well placed to analyze the impact of the European Union’s Solvency II regulations, not only on the Europeans, who are directly affected,...
The G-20 nations believe that the euro zone should first "credibly assess" their own solvency issues before the international community could extend any help, Finance Minister Pranab Mukherjee said on Wednesday.
Max Bank A/S said the Danish Financial Supervisory Authority has extended the deadline for the regional lender to meet a new solvency requirement after an inspection had revealed larger writedowns on bad loans.
On October 3, the UK’s Financial Services Authority (FSA) announced a revision to the dates on which it plans to implement the provisions of the European Union’s Solvency II regulations governing the insurance industry, moving the date for...
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