SCR News

Large British Insurers Get Major Exemption from Proposed EU Audit Rules

Britain’s biggest insurers will be exempt from having their most important indicator of financial health externally audited under proposals issued by the Bank of England on Friday. New European Union rules will require British-based insurance firms from January to meet …

Changes on the Playing Field; P&C Insurers Question Impact of New Regulations

The European insurance industry is becoming increasingly aware that the Solvency II regulations, which are scheduled to take effect as of January 1, 2013, will not only impose a different set of rules for the industry, but could also fundamentally …