Plans to Reform UK Insurance Capital Rules Not Part of ‘Deregulatory Agenda’: Minister February 24, 2021 By Huw Jones and Carolyn Cohn Britain’s plans to change capital requirement rules for insurers following its departure from the European Union are about tailoring them...
UK Insurers Not Likely to See Cuts in Capital Requirements After Brexit: Bank of England February 10, 2021 By Huw Jones The Bank of England told insurers on Wednesday not to expect any big reduction in capital requirements after Brexit, adding...
Solvency II Capital Rules for Insurers Need Changing: EU Watchdog December 17, 2020 By Huw Jones The European Union’s capital rules for insurers need changing to reflect low interest rates and provide stronger intervention powers like...
Generali Completes Sale of Belgium Unit to Bermuda Re/Insurance Group Athora January 2, 2019 By L.S. Howard Assicurazioni Generali SpA announced the closing of the sale of its entire stake in Generali Belgium SA to Athora Holding...
Randall & Quilter to Acquire Coffey Group’s Irish Captive October 4, 2018 Randall & Quilter Investment Holdings Ltd. (R&Q) announced it has entered into an agreement to acquire Western Captive Insurance Company...
Generali to Sell Belgian Operations to Athora Holding for $668.3M in Cash April 19, 2018 By L.S. Howard Italy’s Generali has agreed to sell its Belgian operations to Athora Holding Ltd. for approximately €540 million ($668.3 million) in...
Bank of England Will Not ‘Go Soft’ on Enforcing EU Solvency II Capital Rules February 27, 2018 By Huw Jones The Bank of England will not “go soft” on enforcing European Union capital rules for insurers, but will look at...
Willis Towers Watson Launches Updated Capital Modeling Platform, Igloo 5 November 30, 2017 Willis Towers Watson has launched Igloo 5, an update to its financial modeling platform. The broker said Igloo 5 brings...
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...
4 European Reinsurers Maintain Pricing Discipline in Tough Market: Fitch August 17, 2017 By L.S. Howard The four largest European reinsurers – Munich Re, Swiss Re, Hannover Re and SCOR – have largely maintained pricing and...