The Steering Committee of the EU-U.S. Dialogue Project presents herewith the final reports of seven technical committees comparing certain aspects of the insurance supervisory regimes in the European Union and the United States. Attached is background information on the Project and the reports themselves. The reports informed the Steering Committee as to the [...]
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Posted on January 10th, 2013
Posted on January 7th, 2013
The general public requires a much greater understanding of the world’s emerging risks – while insurance professionals need to constantly update their knowledge and expertise to respond to the threats of tomorrow, as revealed in the CII’s final Centenary Future Risk report. Among its conclusions, the report Future Risk: Insuring for a [...] Posted on January 7th, 2013
Contents: General insurance industry overview Posted on December 20th, 2012
On 1 January 2013, the Swiss Financial Market Supervisory Authority FINMA is putting a new circular on cash flow reporting for insurers into effect. Alongside capital management, liquidity management provides a holistic view of capital strength and is a central element of corporate governance in financial institutions. Liquidity reporting enables a company [...] Posted on December 20th, 2012
Publisher: FSA (Financial Services Authority) Topics: financial regulation, insurance / pension funds In October 2011 the FSA consulted on its proposals for new eligibility and suitability rules for the sale of insurance as part of a packaged bank account. This was to ensure that consumers are able to make an informed decision about the insurance policies in the package and to limit the potential risk [...] 116 pages
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