Health Shield saw its premium income rise to £29m in 2014, the highest in the cashplan provider's 138 year history, its annual results have revealed.
A Bill to allow mutuals and friendly societies to raise capital through issuing Deferred Shares passed its last stage in the House of Commons on Friday and is set to receive Royal Assent.
One third of insurers authorised by the Prudential Regulation Authority (PRA) are 'in some form' of wind down; Paul Fisher of the PRA has said.
Barnett Waddingham has launched ‘SIIMPLIFY' which will allow companies to calculate standard formula capital requirements for Solvency II.
A test of more than half of Europe's insurers by market share has found that one in twelve are currently likely to fail to meet solvency capital requirements when the Solvency II regime launches in just over a year.