EU Insurers Must Preserve Capital Positions as Coronavirus Crisis Escalates: Watchdog March 18, 2020 Insurance companies should take measures to preserve their capital position and be prudent about dividend and bonus payments as the...
EU Regulator Says Insurers Pass Stress Tests December 17, 2018 By Tom Sims Europe’s biggest insurers successfully withstood the latest tests of their ability to cope with severe market shocks, the European Union’s...
EU Wants Insurers to Plug Investment Gap, but Bank Partners Needed: Regulator November 17, 2017 By Huw Jones and Carolyn Cohn Efforts to get insurers to plug Europe’s investment gap by backing riskier assets could be undermined if banks are unwilling...
EU Insurers Have Raised Their Exposure to Riskier Investments: EU Regulator November 17, 2017 Insurance companies, in their search for yield, have increased their exposure to bonds with lower credit ratings and to less...
EU Regulator Warns UK Insurers to Avoid ‘Fronting’ in Post-Brexit EU HQs September 28, 2017 By Huw Jones and Carolyn Cohn London-based insurers applying for licenses to operate in the European Union after Brexit will be scrutinized for any attempts to...
EU Aims to Hike Old-Age Protection with Proposal for Pan-Europe Pension Product June 29, 2017 By Francesco Guarascio The European Commission proposed on Thursday establishing a new pan-European pension product to increase private savings for old age and...
Transamerica Owner Aegon’s Profits Up; Shares Drop on Solvency Concerns May 11, 2017 Aegon, the Dutch insurer that does most of its business in the United States, on Thursday reported first-quarter net income...
Europe Insurers’ Stress Tests Could Lead to Higher Capital Requirements July 13, 2016 By Jan-Henrik Förster and Oliver Suess European insurers, whose profits are being eroded by Mario Draghi’s* quantitative easing program, face a stress test headache that risks...
Best Reports Bermuda Inching Toward Solvency II Equivalence December 22, 2015 A.M. Best has issued a briefing report, which notes that “Bermuda moved one step closer to achieving Solvency II equivalence...
Large British Insurers Get Major Exemption from Proposed EU Audit Rules November 20, 2015 By Huw Jones Britain’s biggest insurers will be exempt from having their most important indicator of financial health externally audited under proposals issued...