Regulation Standards

Major UK life insurers appear to report strong capital positions under Solvency II, according to Fitch Ratings.

The senior managers insurance regime (SMIR) is a “clear marker” that staff will need to demonstrate the steps they took to meet regulatory requirements, according to a lawyer.

The Prudential Regulation Authority (PRA) has published its expectations on supervisory reporting and public disclosure for firms within the scope of the Solvency II directive.

Proposed changes to the Institutions for Occupational Retirement Provision (IORP) directive would make it harder to consolidate pension schemes, consultancy Towers Watson has warned.

Multinational insurers with offices outside the EU will need to define how they are supervised as a group under the Solvency II directive.

Pillar 3 reporting has been the long-neglected aspect of Solvency II and it is now sharply in focus for many firms as they realise the immense effort needed to prepare ahead of 1 January 2016

Ralph Baxter looks at the understated risks inherent within spreadsheets, and demonstrates how these might be tackled.

With Solvency II model applications now in, attention is turning to the strategic implications of the new regime. Simon Woods explores the challenges and opportunities

The European Insurance and Occupational Pensions Authority (EIOPA) has warned against the use of internal models to reduce capital requirements under Solvency II.

The Prudential Regulatory Authority (PRA) has set out draft proposals covering the use of internal and partial internal models to calculate solvency capital requirement (SCR).