All Regulatory articles – Page 3
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Cedants
Inner workings
The first stage of Solvency II is upon us and the countdown is on for cedants to get their internal models approved, writes David Banks. But what else do they have to plan for? We offer a guide through a changing reinsurance relationship
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Country Focus
Not just a pretty tax rate
The global crisis may have caused Ireland’s economy to fall as dramatically as it had risen, but recession-proof reinsurers are still favouring this marketplace. With sound regulation and a warm business welcome, it’s not just about the cost advantage
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EIF: Lloyd's McGovern warns on Solvency II
McGovern says insurers outside EU should not be complacent
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Flagstone Re to switch from Bermuda to Luxembourg
CEO David Brown sets out reasons for proposed redomiciliation
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Insurers and CEIOPS in Solvency II fight
European insurers’/reinsurers’ federation will oppose supervisors’ capital proposals at a European Parliament meeting today.
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Regulation to focus on risk
Chief executive of Bermuda MonetaryAuthority highlights importance of enterprise risk management.
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News Agenda
Watch your step
Swiss Re’s $2.7m VAT bill last year triggered fears of an explosion in retrospective tax bills, David Banks writes. Now rule changes throw up more hazards. We guide you though the minefield of European regulation.
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Qatar brings spotlight on Gulf reinsurance
Multaqa conference will see Qatar Financial Centre underline its new focus on reinsurance, captives and asset management
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Insurers baulk at new Solvency II capital advice
S&P warns that CEIOPS advice changes the playing field.
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Consumers ‘disappointed’ by US budget reinsurance plans
Proposals in FY2011 Federal Budget point to rate hikes and decreased availability of Insurance
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Buffett ups stake in Munich Re to over $900m
Personal holding accounts for 3.045% stake in reinsurance giant
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British Virgin Islands updates insurance rules
Change will open the door to more sophisticated types of insurance and reinsurance
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UK ‘taking closer look’ at reinsurance transfers
Tax officials no longer giving ‘rubber stamp’ following German VAT ruling on Swiss Re
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74 UAE insurance brokers banned
Insurers and reinsurers warned to check their exposure to affected brokers
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$1bn Taikang Life stake sale "on hold"
Sale of AXA's 16% stake in China's fourth largest life insurer delayed on regulatory concerns, say reports
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Features
On the move
The trend for redomiciliation by (re)insurers continues to grow as companies seek out less complex tax regimes. But which domicile should UK firms go for? The answer is no longer obvious