All articles by Verdict Staff

IIC analyst’s view: Brexit and Solvency II

Jay Patel, insurance analyst at Timetric’s Insurance Intelligence Center (IIC), analyses the impact of Brexit on Solvency II. According to Patel, it is fair to say whichever way Brexit is executed (if it is executed at all); the UK’s influence over the path of Solvency II will be diminished regardless.

Generali’s new chief wants insurer to sell more protection insurance products

Philippe Donnet, CEO of Generali Group, reportedly wants the insurer to sell more protection and health products that do not carry long-term investment guarantees.

Post-Brexit regulation focus: The impact of the EU’s Insurance Distribution Directive

Following the implementation of the Insurance Distribution Directive (IDD) this year, Chris Finney, a partner at law firm Cooley (UK) LLP, examines the directive and the next steps for the insurance market.

Implementing plan B – the Brexit plan – for insurers

Robert Gothan, CEO and founder of Accountagility – a business process management specialist, gives his view on the impact of Brexit for the UK insurance market.

Gothan says insurance firms must now look to implement their ‘Brexit Plan’ or ‘Plan B’ into the core business strategy, which will require more speed, flexibility and complexity than ever before.

Latam insurance market urged to embrace digital innovation

Distribution players in Latin America’s insurance industry are beginning to feel the force of technology innovation – and must adapt a hybrid model of digital and customer service platforms to thrive in future – based on research conducted by Life Insurance International.

BREXIT and London’s role as a global insurance hub

With a slight majority of the UK voters opting to leave the EU, it is the view of the Insurance Intelligence Center (IIC) at Timetric that “Brexit” presents unprecedented challenges to London’s position as a global insurance centre.

Editor’s view: Post-Brexit:-Insurers keep calm and carry on

Brexit is coming. The people have spoken. And it’s time to ignore the prophets of doom.

The financial services sector is a results business and there has been enough bleating. In the wake of Brexit, we don’t need sheep, we need leaders.

So, insurers and the financial services sector must stop panicking and get on with making the best of Brexit.

Brexit will have no significant operational impact: Aviva

Reacting to the UK referendum on EU membership, life insurer Aviva said that Brexit will have no significant operational impact on the company.

Prudential quits annuity market

Prudential will no longer offer its annuities on the open market but will continue offering contracts to existing customers.

Majority of life insurers expect raise in pandemics over 5-10 years, says Munich Re

Nearly three-fourths (70%) of life insurance underwriters expect the number and severity of epidemics and pandemics to increase over the next five to 10 years, reveals a new survey by Munich Re US Life.