The insurance landscape is evolving as firms begin to sell business units to non-insurers in their attempt to survive a changed financial climate. Louie Woodall reports
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
More Restructuring articles
Most independent financial advisers are still unprepared for the implementation of the FSA's Retail Distribution Review, according to market participants
Central counterparties have been invited to join the Isda credit determinations committees – but they will not have a vote
Industry insiders have warned a UK Treasury Select Committee hearing that the FSA has shown a distinct lack of interest in dialogue over the FCA
Mustafa van Hien joins UK fund manager from Jones Day
Expectations of a Greek debt restructuring are growing, but there are concerns credit default swap (CDS) contracts will not be triggered – something that could have a severe impact on the CDS market. Are these fears justified? Mark Pengelly investigates...
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.