Insurance News Weekly October 10, 2011
par News Assurances
In this week's top news; the FSA announced Solvency II rules in the UK to be implemented in January 2013, and Chris Waterman, from Fitch Ratings, outlines the European insurance market challenges. January 2014 is the final date for the Solvency II rules to be implemented, replacing the 2013 deadline. Yet new research from a Marketforce survey shows that some companies have planned for additional costs for the extended deadline, leaving them to feel penalised for actually being on schedule. This led the FSA to go ahead with the January deadline. Fitch Ratings held its first insurance road show in Paris this week where the challenges faced by the US and European insurance markets were discussed. Chris Waterman, Managing Director and Head of Fitch's EMEA Insurance Team, outlines the challenges for the European market. Find all News Insurances videos here : http://live.news-assurances.com/ And here : http://www.newsinsurances.co.uk/toutes-les-videos
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