EU Insurers Still Coming to Terms with Solvency II as Start Date Nears June 8, 2012 By Charles E. Boyle “Over the next 18 months it’s estimated that Ireland will spend 100 million euros (app. $125 million) on preparations for...
Accenture to Team with SAS Institute for Sweden’s Folksam Solvency II Regs April 4, 2012 Global management consulting, technology services and outsourcing company Accenture announced that it will team with SAS Institute “to implement the...
IBM’s Algorithmics, Insurers Analyze Solvency II Compliance Preparation March 30, 2012 By Charles E. Boyle Despite delays and complaints the European Union’s Solvency II regulations, which cover the insurance industry, are slowly but surely moving...
FSA’s Chief Executive Sants to Step Down in June March 20, 2012 By Charles E. Boyle Hector Sants, the chief executive of the UK’s Financial Services Authority (FSA), has announced his intention to leave the organization...
ABI Calls for Lawsuit, Health and Safety Regs Reform to Help UK Business March 20, 2012 The Association of British Insurers (ABI) has issued a call “for action to free businesses from the fear of the...
ABI Head Warns EU Solvency Rules Must Not Deter Growth, Investment March 5, 2012 Otto Thoresen, Director General of the Association of British Insurers, has called for European Union policy makers to ensure that...
Aon’s New ‘Political Risk Map’ Focuses on ‘Arab Spring’; Global Threats February 8, 2012 By Charles E. Boyle Aon’s latest “Political Risk Map” focuses on the implications of the uprisings in the Middle East, collectively referred to as...
Carnival Will Review Safety, Emergency Response Systems January 20, 2012 Carnival Corp, whose luxury cruise liner Costa Concordia capsized off the coast of Italy last week, said on Thursday it...
Regulatory Investigations Top Directors’ List of Concerns: Willis/Overy Survey December 14, 2011 The liability risks facing company directors and officers are intensifying in the wake of the economic crisis. At the head...
UK Insurance Association: Solvency II May Help or Hinder EU Growth December 9, 2011 Amidst all the turmoil in the euro zone, the implementation of the Solvency II regulations, governing the 27 members of...