Solvency – Page 3
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News AnalysisD&O demand set to soar as UK audit regime puts directors in the spotlight
Sweeping new reforms for Britain’s biggest businesses are set to place greater responsibility on directors and officers to ensure the accuracy of their firms’ financial reporting – or face harsh penalties
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FeaturesBrexit unlocks opportunities for solvency II reform
Industry commentators believe there is ‘room for improvement’ around the solvency II regulations as Brexit heralds an opportunity to shape the rules to better suit UK businesses
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NewsSabre puts drop in GWP down to recurring lockdowns
The insurer believes that it is well positioned as lockdown unwinds
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NewsPaying cyber ransom threats is to ensure customer survival says expert panel
Although a ‘contentious area’, industry leaders said cyber insurers that pay customers’ ransom payments are simply aiming to make ‘sure our customers survive after a particularly unpleasant incident’
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NewsPremium Credit to offer payment options for supplementary FSCS levy
Insurance firms typically have 30 days to pay up on supplementary levy charges
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NewsManifesto 2021: Biba calls for ‘proportionality and fairness’ in levy
The supplementary levy is a worry for brokers during the pandemic
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NewsSolvency II auditing costs could be halved for 150 smaller insurers
Proposed changes to Solvency II up for consultation include removing the external audit requirement for smaller insurers
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