The financial mismanagement of Salisbury City Council (SCC) over the past four years beggars belief. Inheriting a balanced budget and healthy financial position from the outgoing Conservative ...

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The report highlights the catastrophe modelling practices of Bermuda insurers and reinsurers, which rely substantially on models to project losses and assist them in risk and solvency calculations.

DAS UK was acquired by Arag in July 2023, with the deal being finalised in January 2024. With the integration being complete, Arag now has its own insurance company, Arag Legal Expenses Insurance ...

The consolidated solvency ratio of the insurance sector remains above the minimum threshold limit of 150 per cent, according to the latest Financial Stability Report (FSR). As insurance ...

Elon Musk, Vivek Ramaswamy and their allies can reshape public opinion on Social Security and Medicare solvency right now, writes columnist Daniel McCarthy. via REUTERS In the dreamlike days ...

Work is said to be on, to amend the Insurance Act 1938 to usher in composite licenses for life and non-life insurers, reduce solvency requirements, allow 100 per cent Foreign Direct Investment and ...

Liberty Insurance similarly highlighted Spain’s Consorcio de Compensación de Seguros (CCS) model although Department of Finance officials noted CCS was exempt from Solvency II – requirements ...

H.R. 82 was called the Social Security Fairness Act, even though it is not fair to the rest of those collecting the old-age benefit because it reduces the system’s solvency. It passed with ...