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EIOPA: Solvency II needs a number of adjustments
17 December 2020
Belgium Reporter Maria Ward-Brennan

EIOPA’s opinion on the Solvency II 2020 Review to the EC suggested that although no fundamental changes are needed, a number of adjustments are required to ensure that the regulatory framework continues as a well-functioning risk-based regime

European captives remained resilient during COVID-19 pandemic, says A.M. Best
30 November 2020
UK Reporter Maria Ward-Brennan

Captives are set to benefit from the response of the wider insurance industry to the COVID-19 pandemic, according to an A.M. Best market segment report

Bermuda Monetary Authority appoints new director, supervision of insurance
02 September 2020
Bermuda Reporter Maria Ward-Brennan

Gerald Gakundi has been promoted to director, supervision of insurance at the Bermuda Monetary Authority

FERMA backs EIOPA’s pandemic resilience scheme
30 July 2020
Brussels Reporter Maria Ward-Brennan

The Federation of European Risk Management Associations has welcomed a report by the European Insurance and Occupational Pensions Authority on a pandemic resilience scheme and has urged European institutions to act on its ideas

FERMA’s Typhaine Beaupérin appointed to EIOPA’s stakeholder's group
10 July 2020
Brussels Reporter Maria Ward-Brennan

The European Insurance and Occupational Pensions Authority has appointed the Federation of European Risk Management Associations’ CEO Typhaine Beaupérin to its Insurance and Reinsurance Stakeholder Group for a new term

EU launches consultation on Solvency II review
01 July 2020
Brussels Reporter Maria Ward-Brennan

The European Commission has launched a public consultation on the review of the EU's prudential rules for insurance and reinsurance companies, known as the Solvency II Directive

UK set to bring forward review of Solvency II
25 June 2020
London Reporter Maria Ward-Brennan

The UK Government has revealed it will bring forward a review of certain features of Solvency II, according to a statement from Rishi Sunak, the chancellor of the exchequer

FERMA: businesses need flexibility and partnership from insurers amid COVID-19 pandemic
08 April 2020
Brussels Reporter Maria Ward-Brennan

The Federation of European Risk Management Associations has called for enhanced understanding of the insurance needs of European businesses to help them get through the COVID-19 pandemic and recover afterwards

Features
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The customer comes first

Ian-Edward Stafrace of Atlas Insurance PCC discusses leveraging regulatory evolution in customer fair value for sustainable growth

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A new landscape

As a new year begins, the captive industry anticipates another year of growth

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Strength and resilience

FERMA CEO Typhaine Beaupérin outlines what the association has been working on so far this year, the Catastrophe Risk Resilience Framework, and what the next 12 months will look like

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Solvency II: 2020 review

The Solvency II 2020 review is currently underway, but what changes are the captive insurance industry expecting to see?

Interviews
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Guenter Droese
ECIROA

ECIROA’s Guenter Droese suggests that without the OECD providing industry support, their own target goals cannot be achieved

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Derek Bridgeman
Marsh Captive Management

Solvency II has seen captive owners explore alternative forms of capital, as the threat of the UK’s EU exit looms. Derek Bridgeman of Marsh explains

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Günter Dröse
European Captive Insurance and Reinsurance Owners` Association

It goes without saying that the introduction of Solvency II has brought with it great challenges for insurers. But ECIROA chief Günter Dröse feels the way forward is to work together, and keep things simple..

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Günter Dröse
ECIROA

Günter Dröse of ECIROA tells CIT about Solvency II and captive owners

Country profiles
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Ireland

Although Ireland hasn’t experienced a huge amount of growth within its captive market over the last few years, there is said to be a renewed interest in Dublin as a preferred domicile

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Luxembourg

Brian Collins, SRS’s recent hire for its new Luxembourg office, discusses the latest developments and the biggest challenges for the Luxembourg captive market

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Ireland

For a small country, Ireland is home to a strong captive insurance market but what challenges is the domicile currently facing and what can industry participants expect to see over the next 12 months?

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Europe

Experts discuss where European captives are with Solvency II, and how they are adapting to today’s financial environment

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