Solvency II

Insurance brokers have reported business volumes falls and disappointing expectations of continued growth in the industry,according to the PwC / CBI quarterly Financial Services Survey on Insurance.

68% of insurers have reduced their Solvency II implementation programme, accordingly to PwC (formerly Price Waterhouse Coopers).

Some 43% of European insurers are unlikely to be prepared for Solvency II by 2014, research by Ernst & Young has revealed.

The Financial Services Authority (FSA) has criticised insurance firms for inadequate planning in the run up to Solvency II in a letter distributed to firms yesterday.

The European Parliament's two biggest parties have tentatively agreed to include measures related to Solvency II legislation that could save the industry billions and avoid a long delay to the rules' implementation, according to reports.

A deputy governor of the Bank of England has launched an outspoken attack on new European regulations that he warns could create further financial crises.

Any move abroad by Prudential is "unlikely" to affect either PruProtect or PruHealth, COVER understands.

LV= has big plans for 2012. Paul Robertson interviews one of the industry's most prominent Welshmen, Mark Jones.

It's not just the Olympics that will make headlines in Britain next year - the gender pricing directive comes into force in 14 months. So what should IFAs do now to prepare for it? Duncan Heald investigates

The insurance sector has been chastised for not engaging well enough with politicians and advisers have been urged to lobby their MPs.