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PRA writes to general insurance firms about maintaining adequate reserves

United Kingdom - December 10 2014 On November 13, the Prudential Regulation Authority (PRA) sent a Dear CEO letter to general insurance firms, reminding them of their obligations to…

David Whear, Nicolò Juvara, Noleen John, Salvatore Iannitti.

EIOPA finalises first set of guidelines for Solvency II and consults on second set of Implementing Technical Standards and Guidelines

European Union - December 10 2014 Last week, the European Insurance and Occupational Pensions Authority (EIOPA) published 18 reports containing the final version of the majority of…

David Whear, Nicolò Juvara, Noleen John, Salvatore Iannitti.

Italy: life insurance: pension funds and conflicts of interests

Italy - December 10 2014 The Ministerial Decree n. 166 of 2 September 2014 (the Decree) by the Ministry of Finance was published on the Official Gazette website on November…

David Whear, Nicolò Juvara, Noleen John, Salvatore Iannitti.

Results of EIOPA stress test 2014

European Union - December 10 2014 EIOPA has published a report setting out the results of its 2014 EU-wide insurance stress test. The exercise aimed to test the overall resilience of…

David Whear, Nicolò Juvara, Noleen John, Salvatore Iannitti.

Insurance focus - December 2014

Australia, China, European Union, France, Indonesia, Italy, United Kingdom, USA - December 1 2014 This edition of Insurance focus includes the second part of our report on the American Law Institute’s project to reform US liability insurance law…

Maria Ross, Susan Dingwall.