UK

Analysis

16 April 2024

Has IFRS 17 improved comparability and consistency? The jury is still out

After more than two decades' work on IFRS 17, the industry is still unsure if the accounting standard has made things better. Joshua Geer reports
05 April 2024

UK's Consumer Duty: a headache on top of a cost-of-living crisis

The introduction of the Consumer Duty regime has piled on costs for insurers at a time when premiums are soaring due to inflation. There are also plenty of questions about how the regulation will be implemented and enforced, as Paul Walsh reports
26 March 2024

Actuarial team of the year: OneFamily

OneFamily's commercial actuarial team delivered a range of value creation projects to support the UK mutual insurer on its growth trajectory over the past year and this has helped it claim the InsuranceERM title.
22 March 2024

Auditors and insurers bond over IFRS 17 frustrations

Auditors and insurers were never going to face an easy ride implementing IFRS 17. Both parties have detailed the challenges they faced over the last year and why they're not over yet. Paul Walsh reports
20 March 2024

How many insurers have Solvency II internal models?

David Walker and Christopher Cundy set about finding the answer in the EEA and UK markets

News

  • Future of risk pooling hangs in the balance

    10 May 2024

    The Institute and Faculty of Actuaries has launched a working party on the public interest topic

  • Zelda Bentham departs Aviva as group head of sustainability

    10 May 2024

  • Local authorities hold the key to UK net zero opportunities, says Phoenix

    09 May 2024

    Phoenix's Bruno Gardner says the life insurer wants to work with local and national government more

  • Phoenix dials back ambitious target for women in senior leadership

    08 May 2024

    The life insurer's target of 42% by 2025 still beats industry average

  • Just Group marks milestone of 400 bulk annuity transactions since 2012

    08 May 2024

  • Gareth Truran appointed UK's executive director for insurance supervision

    07 May 2024

    Succeeds Charlotte Gerken who has switched to another role at the Bank of England

  • Wesleyan names James Needham as chief actuary

    07 May 2024

  • Hastings Group CRO Angus Eaton joins Motor Insurers' Bureau as CEO

    07 May 2024

  • IFoA reveals Paul Sweeting as its next president-elect

    06 May 2024

  • CRO Forum: tackle inflation risk with better modelling and stress testing

    03 May 2024

    The group has published a report detailing inflation risk management best practice for re/insurers

  • Trade associations rally against FCA's name and shame plans

    01 May 2024

    The ABI and the International Underwriting Association have criticised the proposals

  • UK life insurers face onerous and ambiguous MA attestation reporting rules

    30 April 2024

    A working party at the Institute and Faculty of Actuaries has listed the challenges for the industry

  • Swiss Re expects a deceleration in motor premiums as inflation eases

    29 April 2024

    It said more adequate pricing and rising investment returns means competition is intensifying

  • JBA and Addresscloud map flood risk of buildings in Europe

    29 April 2024

  • ABI sets principles on motor premium finance

    26 April 2024
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  2. Bridging the Gap: Opportunities in Short-Term Loans to Address Long-Term Affordability
  3. UK BPA firms will be stress tested on use of funded reinsurance
  4. IFRS 17 may unlock fresh metrics for analysing insurers' growth, says KPMG
  5. Has IFRS 17 improved comparability and consistency? The jury is still out
  6. California's big climate show
  7. UK regulator issues clarifications on Solvency II MA reforms ahead of finalised rules
  8. Eiopa pinpoints IFRS 17's negative impact on shareholders' equity
  9. Johanna Köb steps down as Zurich's responsible investment head due to long Covid
  10. Aspen and Pimco form casualty-focused re/insurance vehicle