In this issue, we look at the weather. James Rakow draws on information presented in our recent seminar on the domestic household insurance market and summarises how recent years have been affected by adverse weather and the impact on insurers.
On 28 August 2012 the FSA issued a consultation paper on its Review of the Client Money Rules for Insurance Intermediaries (CP12/20) which contains various proposals for changes to the Client Assets rules.
Non-life insurers In this edition James Rakow and Julian Leigh review the state of the motor insurance market, in particular commenting upon the underwriting results and the main divers impacting those results.
Non-life insurers Ian Clark reviews the current trends focussing on a perceived flight to scale by market participants and the impact on those listed insurers operating at Lloyd’s and the Bermudan market.
Non-life insurers In this edition, we explore some of the common challenges faced by firms in meeting FSA requirements and look to the future of client money regulation in the context of wider changes in the regulatory environment.
Non-life insurers This edition reviews IFRS 4 Phase II, including the current status of the standard, its proposed changes to the presentation of financial statements and the resultant challenges facing general insurers.
Life insurers Insurers seeking approval to use an internal model to calculate their capital requirements, as a part of the Solvency II Directive, will have to demonstrate that they have had their internal model ‘independently validated’.
At a turning point This year’s special edition of the Insurance Market Update analyses the results published by 19 major European insurers, although our focus is principally on those companies with UK operations.
Non life insurers On 14 April 2011, the consultation period closed on the HM Treasury’s discussion paper entitled ‘A New Approach to Financial Regulation: Building a Stronger System (Cm 8012)’, published in February 2011.
Life insurers As European insurers, and many beyond Europe, invest increasing time and energy complying with Solvency II and IFRS 4 Phase II, this April edition considers what will become of Embedded Value reporting.