The European Insurance and Occupational Pensions Authority has proposed four building blocks of a minimum harmonised recovery and resolution framework for insurers.
Publishing a discussion paper on potential harmonisation of recovery and resolution frameworks for insurers, EIOPA said the existing fragmented landscape of national recovery and resolution frameworks could cause significant barriers to the resolution of insurers, particularly of cross-border groups
A number of key amendments aimed at reducing the complexity and cost of Solvency II without losing its overarching benefits have been put forward by Willis Towers Watson in response to the UK Treasury Select Committee's inquiry into the regulation
Companies in the London insurance market have accentuated the need for any trade agreement between the UK and EU to preserve passporting and branching arrangements, the International Underwriting Association has revealed
Regulators should be given more powers to address financial stability risks within the insurance sector caused by the low interest rate environment, the European Systemic Risk Board has argued
A joint industry/regulatory working group review of the requirements to ensure efficient data collection is conducted in the UK insurance space is essential, Willis Towers Watson has argued
German insurers are increasingly moving towards equity factor models to enhance returns, new research has revealed