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 ...
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 ...
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 ...
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 ...
Solvency is the financial staying power of a business. 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 ...
ANALYSIS:Ireland is fundamentally solvent, but the inclusion of bondholders in the bank guarantee scheme means that our creditworthiness will be tested over the coming months IT IS not often a ...
Shares of BCE Inc., which is scrambling to save a $52 billion privatization deal after an accounting firm balked at signing off on the transaction’s so-called solvency test, soared nearly 8 per cent ...
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...