Insurance Risk/News
Portuguese insurers shielded from sovereign risk, claims regulator
A focus on high-grade corporate bonds in their investment portfolios is insulating Portuguese life insurers from the continued market pressure on the country's sovereign debt, according to Instituto de Seguros de Portugal (ISP), the country's insurance…
Insurers face “death by 1,000 spreadsheets” under Solvency II
Overly prudent capital requirements and excessive red tape in the Solvency II directive will paralyse the European insurance industry and kill the mutual business model, according to the Association of Mutual Insurers and Insurance Cooperatives of Europe…
Aegon appoints new UK CRO
Garthwaite given role as new chief risk officer for insurer's UK arm