Competition makes loyalty penalty difficult to end, says Direct Line chief
Penny James addressed the loyalty penalty issue at the ABI conference
26 February 2020
Penny James addressed the loyalty penalty issue at the ABI conference
26 February 2020
Anna Sweeney gives her views on 2020 review and post-Brexit reforms
26 February 2020
Italian insurer "wants to consider sustainability in capital management solutions"
26 February 2020
AAIC's CRO Lorie Graham started the company's ERM programme in 2008 at a time when the US reinsurance sector had few models to look at. So she took her inspiration from the Europeans, she tells Sarfraz Thind
25 February 2020
Some prominent French re/insurers don't want the Insurance Capital Standard in its current form, angering EU and US negotiators alike. Eiopa looks determined to carry on regardless. The IAIS is treading carefully. It is a fraught situation and some practitioners believe the standard could even collapse under its own weight, as Sarfraz Thind reports
21 February 2020
The transaction was completed via a Part VII transfer
26 February 2020
Insurers had asked accounting body to amend requirements
25 February 2020
RiskIntegrity for IFRS 17 is a cloud-based tool launched in April 2018
25 February 2020
The World Health Organization's director-general has said the virus has pandemic potential
25 February 2020
Unfavourable development of prior-year reserves largely to blame
25 February 2020
Loss creep fed by claimants taking on "people in powerful positions" in media, politics and sport, AM Best says
25 February 2020
InsuranceERM's IFRS 17 conference heard insurers are keen to leverage much of what they have implemented for Solvency II in their IFRS 17 compliance programmes, but are struggling with certain elements. Paul Walsh and Christopher Cundy report
17 February 2020
The Enterprise Risk Management Technology Guide features entries for over 90 products from over 50 vendors. Entries are searchable by type of system, platform and other features. The guide also includes corporate statements from vendors describing their products and approaches to helping insurers manage risk and capital.
Insurance experts talk to Ronan McCaughey about the mortality, operational and economic losses the deadly virus poses for the re/insurance industry
24 January 2020
China Life among first to acknowledge claims for treatment and death
3 February 2020
But Fitch says as things stand, Chinese life firms adequately capitalised for earnings hit
31 January 2020
Pandemic risk is large part of their catastrophe risk, though small in overall business context
27 January 2020
As the implementation deadline for IFRS 17 in 2022 draws ever nearer, the insurance industry is in the midst of preparing for the standard. However companies are at various stages of preparedness from having already started implementation to just preparing the gap analysis or selecting technology vendors.
8 January 2020
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While it feels like IFRS 17 has been a part of the insurance conversation for quite some time, it was just over 18 months ago that FWD Group ("FWD") became one of the world's first insurers to select a technology solution to address the new standard. Since then, the insurance industry, vendor community, and the standard itself have evolved quite a bit.
8 January 2020
Under IFRS 17, insurers are required to discount the value of their liabilities using a discount curve that reflects the cash flows and liquidity of those liabilities. The standard does not prescribe the method by which this discount curve is calculated, but does offer general principles for constructing a curve by either a "bottom-up" or "top-down" method.
8 January 2020
Climate change is not just a worry for property and casualty insurers. In Australia, whose recent natural disasters are widely seen as harbingers of global warming, life and health firms recognise complacency is no option. David Walker reports
13 February 2020
The awards recognise the best insurance risk management providers serving the UK and Europe
10 February 2020
Cristina Colozza, IFRS 17 disclosure and methodology central lead at Zurich, tells Cintia Cheong about the firm's IFRS 17 implementation status and the importance of its financial impact assessment
6 February 2020
Australia's insurers make extensive use of reinsurance and reinsurers like to take on the risk - and the relationship looks set to survive the recent catastrophes that have beset the country, as David Walker reports
4 February 2020
InsuranceERM is pleased to announce that the inaugural Insurance Risk & Capital Asia conference will take place on 13 October 2020 in Hong Kong.
Track 1 of the Insurance Risk & Capital Americas conference 2020.
Track 3 of the Insurance Risk & Capital Americas conference 2020.
Conflicting state and federal laws, uncertain pricing and novel risks have discouraged most insurers from participating in the cannabis market so far. But as the US edges nearer to federal legalisation, this could change. Sarfraz Thind reports
5 December 2019
Rising claims and shrinking reserves in the US casualty business have led to speculation about an impending crisis. Could it really get that bad? Sarfraz Thind investigates
22 November 2019
18 February 2020
17 February 2020
13 February 2020
13 February 2020
10 February 2020
5 February 2020
Sarfraz Thind
[email protected]
Crystal Ottaviano takes over from Tim Aman
19 February 2020
The country had 77 cases confirmed by yesterday, and 53 in hospital
18 February 2020
Allianz's Remo Cavegn shares tips on governance of IFRS 17 projects
14 February 2020
24 February 2020
21 February 2020
12 February 2020