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  • 2012

07

Insurers 'need better Solvency II know-how at board level'

Insurance companies have been urged to do more to educate their boards about Solvency II after KPMG research found that only one in five boards have received more than 15 hours training on the new European rules.
26th July 2012
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Over half of European firms 'ill-equipped for terrorist threat'

More than half of European companies feel underprepared to deal with the threat of terrorism and political violence, according to research published yesterday by Ace European Group.
25th July 2012
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2

Government unveils £300m mesothelioma support scheme

A £300m support scheme for people who develop mesothelioma after being exposed to asbestos at work but are unable to claim compensation because they cannot trace a liable employer or insurer has been announced by the Department for Work and Pensions.
25th July 2012
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2

Kay stock market review 'offers practical ways forward'

Plans to tackle short-termism in UK equity markets by creating an environment based on ‘long-term trust’ are a step in the right direction, according to the National Association of Pension Funds.
24th July 2012
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Insurers facing perfect storm, says Ernst & Young

Low interest rates, higher hedging costs, lower business volumes and the impact of Solvency II will combine to hit insurers hard both this year and next, Ernst & Young said yesterday.
24th July 2012
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Householders 'are being denied flood insurance'

Householders are being denied flood insurance cover or quoted hugely inflated prices because of delays by the government and insurers in reaching a new deal on affordable cover, the Local Government Association said today.
19th July 2012
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2

Government opts for 'pension pot-follows-member'

The Department for Work and Pensions has decided to implement a system where workplace pension pots follow savers as they change jobs.
17th July 2012
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2

Car insurance prices 'have dropped 7.1% over the past year'

Car insurance prices fell by 7.1% over the 12 months to the end of June as a result of high competition between insurance providers, according to research published by Towers Watson and Confused.com.
16th July 2012
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2

Convergence call for insurance accounting standards

Insurers across the globe have called for a single accounting framework to enable increased transparency and more effective company comparisons.
16th July 2012
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Insurers 'not engaging with asset managers on Solvency II'

A significant proportion of insurance companies are yet to engage with their asset managers about how Solvency II will impact on their business and could end up out of pocket as a result, Ernst & Young said this week.
13th July 2012
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