Topic: Insurance

Save Your Finances When Renewing Insurance

Save Your Finances When Renewing Insurance

When working out a household budget, everyone is looking for places where they could shave off a little excess outgoing. Most of the time, money saving measures seem to come off the luxuries in life as the necessities need to be taken care of first. For many families,...
Link between Natural Catastrophes and Global Reinsurance

Link between Natural Catastrophes and Global Reinsurance

Natural disasters resulting in significant losses have become more frequent in recent decades, with 2011 being the costliest year in history. This paper from BIS explores how risk is transferred within and beyond the global insurance sector and assess the financial...
Covering family finances

Covering family finances

No matter how well off you may feel now, it is still important to ensure your family will not suffer financially after you are gone. A bereavement is hard enough to deal with without worrying about how to cover the funeral costs or how you are going to meet the...

Solvency II: Restructuring the Insurance Sector (Part 4)

In part 4, the final part of the series on Solvency II, we will look at elements of Title II, III and IV of the Solvency II act. TITLE II: Specific Provisions for Insurance and Reinsurance This title covers specific provisions regarding life, and non-life insurance....

Solvency II: Restructuring the Insurance Sector (Part 3)

In part 3 of our series on Solvency II, we will try to understand Title I of the Solvency Act in some depth. Title I: General Rules On The Taking-Up And Pursuit Of Direct Insurance And Reinsurance Activities The key objectives of this title are: The taking-up and...

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