- Lloyd's Brussels office officially opens for business ready for Brexit
- World Economic Forum's Regional Risks for Doing Business report indicates significant differences in risk perceptions across the eight regions covered-cyber attacks heads most developed regions
- IAIS concludes 25th annual Conference-“We are now beginning a pivot to a greater focus on emerging and accelerating trends impacting both our developed and emerging market Members, including FinTech, cyber risks, climate risk and sustainable development challenges" says Secretary General.
- Pool Re publishes its annual Terrorism Threat & Mitigation Report focusing on the key terrorist events and developments in 2018
- Marsh-JLT Specialty formed
- Allen to chair LMA Finance Committee
- Oman joins IAIS Multilateral Memorandum of Understanding (MMoU) expired
- InsurTech Iotatech raises £1m in second round of funding expired
- Startupbootcamp InsurTech appoints Manjit Rana as managing director for Corporate Innovation in Insurance expired
- RSA to restructure its specialty and wholesale business on a more focussed basis expired
- Sedgwick acquires Irish loss adjuster expired
- AXIS Capital estimates Hurricane MIchael losses at $100-120m expired
14th February 2018
Insurance Europe submits feedback in relation to the proposal to overhaul the three European Supervisory Authorities(ESAs)
Insurance Europe has submitted feedback in relation to the proposal to overhaul the three European Supervisory Authorities(ESAs), associated amendments to Solvency II, and proposed changes to the European Systemic Risk Board(ESRB).
Insurance Europe welcomed the Commission's recognition of the need for stability and sectoral expertise, as well as its decision to maintain the European Insurance and Occupational Pensions Authority(EIOPA) as a stand-alone authority.
However, Insurance Europe also identified several areas that require improvement in relation to governance and oversight to ensure appropriate checks and balances in EIOPA's work.
Insurance Europe also recommended including "acting in the interest of the European public good" as an explicit part of the ESAs' mandate to ensure a proportional and balanced approach to their supervision.
Insurance Europe Trends(129 articles)
Solvency II Trends(1,485 mentions in Insurance Newslink)