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Solvency II
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This Year The Eurozone Will Experience Annual GDP Growth for The First Time Since 2011
Jan 9, 2014This year the Eurozone will experience annual GDP growth for the first time since 2011, but at just 0.9% the growth will not be strong enough to support a level of uplift in financial services that will drive further economic recovery ...
Tags: Eurozone Financial Services, Business Lending, Financial Services
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Denmark-Based SIAI Goes Live with Flexsure Providing a Solid Platform for Future Growth
Nov 11, 2013Denmark-based Sirius International Aviation Insurance (SIAI) goes live with FlexSure providing a solid platform for future growth with Solvency II compliance SIAI is a branch of Sirius International, Stockholm which itself is a part of ...
Tags: Insurance, Sirius International
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Risk and Capital Management Decision-Making Tool Is Enhanced by Guy Carpenter
Nov 7, 2013Guy Carpenter & Company, a provider of risk and reinsurance intermediary services, has released version 7.2 of its risk and capital management decision-making tool, MetaRisk. The enhanced tool, which features several new catastrophe ...
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Norwegian Insurer Gjensidige Has Selected Moody's Analytics' Solvency II Software
Dec 20, 2012Norwegian insurer Gjensidige has selected Moody’s Analytics’ Solvency II software, RiskIntegrity, to improve its risk management architecture and also comply with Solvency II. The selection is based on the solution's ...
Tags: insurer Gjensidige, RiskIntegrity, Service
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Solvency II Compliance Deadline Can Be Seen as Concerning From Data Management Perspective
Dec 19, 2012The extension of the Solvency II compliance deadline from November of this year to January 2014 can be seen as both reassuring and concerning from a data management perspective. The European Union directive, aimed at regulating insurance ...
Tags: Solvency II, data management, European Union directive, insurance firms
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EC to Impose Pension Changes That Would Cost UK Businesses £350bn and 180,000 Jobs
Dec 18, 2012The European Commission (EC) wants to impose pension changes that would cost UK businesses £350bn (eURO440bn) and 180,000 jobs, according to research commissioned by the Confederation of British Industry (CBI). Describing the ...
Tags: EC's Pension Proposals, Health, UK Business
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Generali Deutschland Has Deployed Sungard's Iworks ERM Platform
Dec 18, 2012Germany-based insurance and financial services provider, Generali Deutschland has deployed SunGard's iWorks ERM Platform, to enhance the efficiency, accuracy and auditability of its actuarial calculations and risk review process. The ...
Tags: ERM Platform, Generali Deutschland, SunGard, risk review process
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Vistaone Solutions Has Launched Vsolvencyii
Dec 18, 2012VistaOne Solutions,a UK financial data management,reporting and distribution service firm has launched vSolvencyII,a data governance platform to comply with Solvency II regulations. According to the solution provider,the offering will ...
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Oracle Has Introduced a New Application to Help Insurers Manage Risk Using a Platform
Dec 7, 2012Oracle has introduced a new application to help insurers understand, comply with Solvency II reporting requirements and manage risk using a single unified platform. The new application, known as Oracle Insurance Solvency II Analytics, is ...
Tags: Oracle, insurers, Solvency II, unified platform
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Ydrogios Insurance Has Selected SAS Dataflux Data Management Technology
Dec 6, 2012Ydrogios Insurance has selected SAS DataFlux data management technology to automate its data environment for greater business and operational efficiency. The integrated data management platform has been designed to perform data ...
Tags: Ydrogios Insurance, SAS DataFlux, integrated data management platform
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Fennia Mutual Insurance Has Selected Sas Risk Management for Insurance
Dec 6, 2012Fennia Mutual Insurance has selected SAS Risk Management for Insurance to manage its Solvency II compliance requirements to generate added value for their business operations. SAS will help the company in streamlining and enhancing the ...
Tags: insurance, SAS Risk Management, Fennia Mutual Insurance
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Linedata Has Rolled out New Versions of Linedata Chorus
Dec 4, 2012Linedata, a French insurance, asset management and credit professionals’ solution provider, has rolled out new versions of Linedata Chorus, the fund accounting and administration service, and Linedata Nile, an integrated securities ...
Tags: Linedata, asset management, insurance, investment management
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L& G Has Appointed Its Chief Financial Officer Nigel Wilson to Succeed Tim Breedon
Dec 4, 2012Legal & General, a UK based provider of risk, savings and investment management products has appointed its chief financial officer Nigel Wilson to succeed Tim Breedon as the new chief executive of the company from 30 June 2012. According ...
Tags: Legal and General, risk management, investment management
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BBH Would Have Signed a Joint Servicing Relationship Agreement
Nov 29, 2012Clearwater Analytics and Brown Brothers Harriman & Co. (BBH) have signed a joint servicing relationship agreement. The agreement combines global custody services, specialized investment management and banking from BBH as well as ...
Tags: Clearwater Analytics, joint servicing, Brown Brothers Harriman
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SS&C Technologies Has Unveiled a New Risk Analysis Software
Sep 4, 2012SS&C Technologies has unveiled a new risk analysis software, Camra I-Risk, for insurance companies in an effort to address risk amidst emerging solvency standards. Commenting on the launch of the new risk management system, SS&C ...
Tags: SS&C Technologies, risk analysis software, Camra I-Risk