Click here to view the full article. As European regulators and insurance companies grapple with developing and implementing the Solvency II directive, it should come as some comfort to see a similar ...
Business owners tend to think their No. 1 priority is to make a profit. That end, however, can lead to using some particularly short term-minded means, such as using large amounts of debt to grow ...
ZURICH, Dec 22 (Reuters) - Nine of Switzerland's insurers will fail to meet capital adequacy standards that come into force in January and need to take remedial steps, a spokesman for regulator FINMA ...
LONDON, May 23-- Towers Watson issued the following news release: Insurance companies across Europe preparing for the implementation of Solvency II risk missing this one-off opportunity to achieve a ...
Why is it referred to as a 'strict requirement' and why are banks, lawyers and company directors so cautious to ensure the test is applied whenever required by the Act? The answer, is that board ...
The Ontario government is consulting on proposed changes to pension regulations that would introduce a permanent solvency test for plans that are now exempt from that requirement. Currently, certain ...
Ultimately, Justice Kawaley agreed with Justice Parker that Parliament must have intended that a more flexible and functional solvency test apply for the appointment of receivers of segregated ...
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