News & Commentary

EU-UK stand-off over financial services rules increases uncertainty

The prospect of UK clearing houses losing direct access to the EU moved ominously closer following a bullish statement by the Chancellor of the Exchequer, Rishi Sunak.

Mitigating the downside, seeking the upside

Those charged with managing the assets of major insurers have seen levels of volatility over this year that have tested the resilience of their portfolios. Steering a course through the pandemic as its second wave sweeps across most of the developed world is going to test that resilience further.

Green bonds need standards to build trust

New European Union proposals for imposing clear standards on the rapidly growing green bonds market have been welcomed by insurers.

EIOPA reassures MEPs on Covid but warns on Brexit preparations

Gabriel Bernardino, the out-going Chairman of the European Insurance and Occupational Pensions Authority, reassured MEPs on the European Parliament’s Economic and Monetary Affairs Committee that the insurance sector was coping well with the implications of the Covid-19 pandemic.

CIOs search for capital efficiency

Insurers’ investment strategies are focussing firmly on capital efficiency as the industry beds down for the long haul through the Covid crisis.

Insurers maintain pressure for Solvency II reform

European insurers are keeping up the pressure on European Commission (EC) to use the review of Solvency II to ensure they can continue to offer long-term life and pension products with guarantees and also contribute towards financing of the economy, a key expectation emerging from governments as they set out their national Covid-19 recovery plans.

 

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