World Economic Forum says socioeconomic risks now top agenda

World Economic Forum says socioeconomic risks now top agenda

World Economic Forum says socioeconomic risks now top agenda

The world has seen a shift of concern from environmental risks to socioeconomic risks in the past year, according to the World Economic Forum in its Global Risks 2012 report. Chronic fiscal imbalances and severe income disparity are the risks seen as most prevalent over the next 10 years, according to the report, based on a survey of 469 experts and industry leaders.

Groupama raises €300m to boost finances as Solvency II delayed again

Groupama raises €300m to boost finances as Solvency II delayed again

Groupama raises €300m to boost finances as Solvency II delayed again

It seems that insurers and captive owners will have to wait even longer for clarity on the exact requirements of Solvency II following the receipt of an update from the European Parliament this week that reveals that Omnibus II, the Directive needed to clarify key details required for implementation of the capital adequacy and reporting rulebook for insurers, has been delayed again.