All Europe articles – Page 58
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Special ReportsSolvency II brings new pressures
Updating solvency frameworks has become essential for captive domiciles in the light of Solvency II. Richard Walker describes Guernsey’s approach
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Online onlyPoland struggles with foreign debt
Poland has estimated external bills of $100bn, says JLT
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AnalysisNew liabilities
A new law governing the protection of natural habitats has come into force in the UK
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Online onlyAXA CS weathers the financial storm
Turnover and operating profit both increase but combined ratio tops 100%
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Credit insurers take over from rating agencies
Insurers are better than rating agencies at determining companies’ credit worthiness, says Aon
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BAE arranges 5 year programme through Aon
First private sector business to adopt Aon’s aligned long term programme
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Online only52,000 UBS customers hid accounts from IRS
US authorities have demanded to see the identities of US customers with secret Swiss accounts holding about $14.8bn in assets
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AnalysisInsurers are stable: AIRMIC Live
The impact of the financial crisis has mainly been offset by a hardening of the insurance cycle, say industry experts
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AnalysisGreen habits
Companies should continue their green initiatives even in a struggling economy
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BSI consults on data protection standard
Standard designed to help organisations comply with 1998 Data Protection Act
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Online onlyCrisis pushes UK deeper into recession
UK economy is expected to contract by 3.3 % and unemployment to reach close to 2.9m by the end of the year, says CBI
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HBOS risk boss was ignored
A senior risk officer warned that the bank was moving too fast but he was ignored
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FSA raised risk concerns before HBOS whistleblower
The UK regulator said it warned the bank about risk controls 2 years before a regulatory risk boss
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Safety body welcomes new health and safety law
The British Safety Council said the new Act, which threatens employers with prison over health and safety offences, would help increase internal controls
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Online onlySlow growth for Euro insurers in 2009
Further write-downs are expected and certain lines will be curtailed, according to Ernst & Young
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Klaus Schwab delivers Davos speech
The world is experiencing a wake-up call to overhaul its institutions, systems and attitudes, claimed the World Econommic Forum’s founder
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Online onlyCommission fines marine hose cartel €131m
The company that revealed the cartel to the authority was not fined
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Online onlyFrench insurers respond to hurricane
The Federation Francaise des Societes d’Assurances said insurers are responding to policy-holders as quickly as possible
