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Results: 1-10 of 22

Legal expenses insurance must comply with insured's freedom to choose lawyer under EU directive

  • Edwards Wildman Palmer LLP
  • -
  • European Union, United Kingdom
  • -
  • July 30 2010

On 19 July 2010, the FSA sent a letter to UK insurance firms reminding them of the requirement that terms in legal expenses insurance must not detract from, or qualify in any way, an insured's freedom to choose a lawyer

Solvency II: the insurance industry's biggest regulatory and compliance challenge this year: how well prepared is it?

  • Edwards Wildman Palmer LLP
  • -
  • European Union
  • -
  • July 6 2010

EAPD's own Ambereen Salamat and Chris Collins were asked by Complinet in its Mid-Year Roundup what the biggest regulatory and compliance challenge this year will be and above all, Solvency II was the resounding response

Solvency II delayed

  • Edwards Wildman Palmer LLP
  • -
  • European Union
  • -
  • May 10 2010

Solvency II will be delayed until 31 December 2012, the EU has confirmed

Solvency II: Draft technical specifications for Fifth Quantitative Impact Study (QIS5) published

  • Edwards Wildman Palmer LLP
  • -
  • European Union
  • -
  • April 23 2010

On 15 April 2010, the European Commission (Commission) published for consultation draft technical specifications for the QIS5 exercise

Eyjafjallajökull volcano’s flight disruption leads to uncovered losses and new types of coverage for airlines

  • Edwards Wildman Palmer LLP
  • -
  • European Union
  • -
  • April 20 2010

As the Eyjafjallajökull volcano continues to erupt and the dust cloud over much of Europe continues to hang in the air, approximately 16,000 flights each day are being canceled without any certainty as to when normal flight schedules can resume

Solvency II - first Level 3 guidance published

  • Edwards Wildman Palmer LLP
  • -
  • European Union
  • -
  • April 16 2010

On 31 March 2010, the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) published the first of its Level 3 guidance for Solvency II

Commissioner in charge of Solvency II confirms 2012 implementation

  • Edwards Wildman Palmer LLP
  • -
  • European Union
  • -
  • March 23 2010

It has been reported that Karel van Hulle, head of insurance and pensions at the European Commission, confirmed that Solvency II will come into force in October 2012

EU-wide insurance sector stress test findings published

  • Edwards Wildman Palmer LLP
  • -
  • European Union
  • -
  • March 23 2010

The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has recently published the findings of its EU-wide stress test exercise for the insurance sector

European Commission starts review of the Insurance Mediation Directive including conflicts of interest and transparency

  • Edwards Wildman Palmer LLP
  • -
  • European Union
  • -
  • March 15 2010

As a first step in the European Commission's delayed review of the Insurance Mediation Directive (the Directive) the Commission has written to the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) requesting technical advice on revisions to the Directive to improve its functioning

Further delays for Solvency II implementation; no exemptions for the legacy industry

  • Edwards Wildman Palmer LLP
  • -
  • European Union
  • -
  • March 11 2010

The head of the Insurance and Pensions Unit at the European Commission, Karel Van Hulle, confirmed that a meeting had been scheduled in early May to discuss extending the current October 2012 implementation deadline for the Solvency II regulatory regime to 1 January 2013