Insurance Updates

Our Insurance Updates cover new and topical issues for insurers and reinsurers.

If you would like assistance on any of the issues raised please contact:

For more information on our insurance services please see LCP Insurance Consulting.

Recent updates

  • Solvency II: data systems - the most urgent issue?

    November 2008
    UK insurers who do not take action on data systems today risk losing the ability to use their internal models for statutory solvency from 2012. read more...

  • Solvency II: the 4 healthy responses / the 4 pitfalls

    September 2008
    Solvency II is a fundamental change in the regulation of insurance companies. It will affect all areas of your business and will need managing at the highest level. This LCP Insurance Update sets out a balanced framework for approaching Solvency II and highlights some important pitfalls to avoid. read more...

  • Solvency II: QIS4 - what you need to know

    April 2008
    The next stage of the development and calibration of Solvency II started this month, with CEIOPS' initiation of the fourth Quantitative Impact Study ("QIS4"). This is a chance for all insurance and reinsurance organisations to have a say in the future of European insurance regulation. read more...

  • Solvency II: internal model approval

    January 2008
    Solvency II will give insurers a choice between using a standard formula or an internal model for calculating the Solvency Capital Requirement ("SCR"). We expect that most UK insurers will want to use an internal model. However, the internal model can only be used if it is approved by regulators. read more...