Royal & sunalliance
The deadline for Solvency II implementation has long been a moving target – and European legislators agreed last year to give insurers an extra year to comply, with the regulation now due to come into...
The fifth quantitative impact study (QIS 5) to calibrate the requirements of Solvency II – to run between August and November – “will not lead to anything of any great meaning”, according to David...
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Royal & sunalliance articles
Regulators are increasingly bearing down on insurers as the market looks to establish better risk management practices. With the Solvency II proposals being drafted, what are insurance companies doing to make sure they can comply with the stricter regulations...
New risk-based regulation will cost the UK insurance industry between £10 billion and £15 billion, with tangible benefits measured at less than £1 billion, according to a cost-benefit analysis conducted by the UK’s chief financial watchdog, the Financial...
New risk-based regulation will cost the UK insurance industry between £10 billion and £15 billion, with tangible benefits measured at less than £1 billion, according to a cost-benefit analysis conducted by the UK's chief financial watchdog, the Financial...
UK-based educational body and members organisation, the Institute of Risk Management (IRM), has appointed David King as its new executive director. King is on secondment from UK insurer Royal & SunAlliance (R&SA) for an initial period of one year.
Insurance companies have been slower than banks to adopt advanced risk modelling techniques and technologies. But regulatory changes and business exigencies are spurring them to adopt a new generation of risk and capital management systems.
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future
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