Undertakings in difficulty, in the context of Solvency II, refers to insurers that are either failing or likely to fail to meet their solvency capital requirement (SCR) or their minimum capital requirement (MCR) (together,...more
10/31/2024
/ Bank Recovery and Resolution Directive (BRRD) ,
Capital Requirements ,
EIOPA ,
EU ,
European Parliament ,
Exit Planning ,
Financial Institutions ,
Financial Services Industry ,
FSMA ,
HM Treasury ,
Insurance Industry ,
Lead Supervisory Authority ,
Legislative Agendas ,
Notification Requirements ,
Proposed Regulation ,
Prudential Regulation Authority (PRA) ,
Recovery Plans ,
Regulatory Agenda ,
Reinsurance ,
Solvency II ,
UK
In recent years, demographic changes and macroeconomic factors have led to significant growth in insurance markets. Within insurance markets, a much more active market in trading “back-books” of insurance liabilities has...more
5/22/2024
/ Bermuda ,
Corporate Governance ,
EIOPA ,
Financial Institutions ,
Insurance Industry ,
Investment ,
NAIC ,
ORSA ,
Private Equity ,
Prudential Regulation Authority (PRA) ,
Regulatory Agenda ,
Reinsurance ,
Shareholders
Models that have historically been used by insurers to hedge risk were not designed to predict uncertain events such as natural disasters that may be exacerbated by climate change. This now leaves insurers overexposed to...more