Credit ratings agency Fitch Ratings has published a report on Solvency II, Europe’s planned new capital adequacy regime, in which it states that the new system should be good for policyholders. Fitch's comment entitled "Solvency II - A Great Leap Forward," is available on the agency's website, ...MORE
One of the most surprising things about the recently completed Business Insurance survey of Europe's top 100 insurance buyers was the relative lack of concern about claims paying willingness among the carriers.Most of those surveyed in the BIE 100 said that they were quite comfortable with the ...MORE
Some accounting firms and specialist tax advisers to buyers, distributors and providers of insurance coverage are clearly rubbing their hands with anticipation as pressure mounts on so-called tax havens from tax-hungry governments such as the United States administration.Debate was building in the ...MORE
Zurich Financial Services Group has published its latest analysis of the global economic outlook that provides a readable and digestible picture of where the global economy currently stands. Zurich's economists see a weak recovery on the horizon. ...MORE
Trade credit insurance underwriters are certainly not the most popular individuals in European business circles currently.The credit insurers are criticized at every opportunity by insurance buyers for pulling cover and racking up prices for their coverage just when their customers need it most. ...MORE
Risk managers are a big step closer to an international standard that will provide them with a generic set of guidelines that can be applied to any organization and any sort of risk. ...MORE
The renaissance of the Lloyd’s of London insurance market is something remarkable to behold for anyone who was closely involved in its near-destruction not too long ago. ...MORE
So the phony war is over and everyone can stop treading on eggshells now. AIU Holdings has finally announced that it has a new name and separate capital structure to AIG and is ready and willing to act like a proper insurance company again. Policyholders the world over will be relieved to hear ...MORE
More good news for the resurgent London market as it was announced today that the EW Payne Pools scheme of arrangement will close only 12 months after it was established. The EW Payne Pools have been in run off for 20 years, involved 82 companies and represented some 120 original undewriting ...MORE
Business Insurance's Online Executive Forum, "Risk Regulation: What Next?", brings together leading European risk managers, a ratings analyst and a regulator to explore the key issues raised by Solvency II, and how it will affect risk management, captive insurance and regulation in the future. ...MORE
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