Solvency II
FSA plans to hire 460 staff to boost supervision and implement Solvency 2
The Financial Services Authority (FSA) has published its business plan setting out its priorities for 2010/11.
Chartis unveils UK chief as Baugh heads up European operation
Alexander Baugh has been appointed to the newly-created position of president and CEO of Chartis Europe Holdings, which includes Chartis Insurance UK, Chartis Insurance Ireland and Chartis Europe SA.
FSA bumps up annual funding requirement
The Financial Services Authority (FSA) has announced its proposed annual funding requirement for 2010/11 which requires an increase of 9.9% in overall funding.
Law firm calls for FSA governance plans to be delayed for insurers
Proposals by the Financial Services Authority (FSA) to reform corporate governance should be delayed for insurers, according to law firm Reynolds Porter Chamberlain (RPC).
IUA says insurers that successfully implement Solvency II may win competitive edge
Companies that successfully implement Solvency II may make efficiency improvements and gain a competitive advantage on their rivals, according to the International Underwriting Association (IUA)
UK insurance industry faces "regulatory paralysis"
Wolters Kluwer Financial Services warns political confusion could create a "perfect storm of misunderstanding"
KPMG predicts reduction in "broker-friendly" personalities
Mark Winlow, UK head of general insurance at KPMG, says new personalities will change the character of the market in 2010
IUA warns of technology challenge
Association highlights modernisation and Solvency II as key issues for London Market
Insurers call for more guidance on Solvency II
PwC poll reveals fears the directive could negatively impact investment
Change on the horizon
Emmanuel Kenning looks at the start of the planning process for the technology implications of Solvency II, an issue that will loom larger for brokers in 2010.