January storms all but wipe out Achmea's non-life operating profit
Reinsurance loses more money than last year
Reinsurance loses more money than last year
Contributing to an operating result of €508m
However performance in Asia Pacific remains of concern
Greater computing power adds significantly to the integrity and value of the capital modelling process. So how much longer can capital modelling actuaries resist the case for changing to higher performance platforms? Asks Sunnie Luthra
Supervisors' varying levels of familiarity with climate risk requires the establishment of a global framework for measuring and managing those risks, according to the IAIS and the UN SFI.
Cutting costs in Netherlands and growth in Asia helped to boost earnings
Preliminary data estimate economic losses to $36bn
Full year results show 125bps boost to margin by agreements with European reinsurers
What effect will climate change have on the insurance industry, and what can insurers do to mitigate climate risk? Participants in part two of this roundtable from InsuranceERM and DWS discuss the strategic transformations that are needed, and the influence of voluntary and regulatory initiatives on this process
Correlation matrices have a major influence on how internal models allocate capital, but conventional processes sometimes struggle to make sense from a business perspective. Colin Kerley suggests an alternative approach
Hong Kong office boosted with four recruits
Motor premium growth fuels first half profit rise
Insurer also names replacement for CFO
InsuranceERM's guide to the insurance contracts accounting standard, featuring contributions from the International Accounting Standards Board, FIS, Legerity Financials, SAS, Milliman and Aptitude.
The Prudential Regulation Authority has shaken up life insurers by proposing new assumptions around the valuation of ERMs. The more prudent approach seeks to avoid a potential disaster if house prices stagnate or crash, but the impact on insurers could be serious. Christopher Cundy reports
The EU accounting standards advisory body has acknowledged the "very challenging" implementation timelines for IFRS 17 and shared its thoughts on other potential problems with the incoming standard for insurance contracts. Cintia Cheong and Christopher Cundy report
NN Group has been an eager participant in the insurtech revolution. Chief risk officer and global IT leader Jan-Hendrik Erasmus tells David Walker how the Dutch insurer's tech strategy has evolved
The EU's General Data Protection Regulation (GDPR) was introduced on 25 May with warnings that insurers would be inundated with customers requesting details of the personal data held on them. Now, almost eight weeks later, have these requests materialised? Paul Walsh investigates
Missing and imprecise figures not ironed out in second year, Insurance Risk Data research finds
The UK friendly society has taken a radical approach to its Solvency II public reporting, creating a document that can be understood by non-experts but still meeting regulatory requirements. InsuranceERM spoke with chief financial officer Paul Harwood to understand the firm's motives and ask how the redesigned SFCR has been received
Lloyd's and Allianz top list of risk transfers for fire and property damage
Insurers say their solvency and financial condition reports (SFCRs) are barely read by customers, so how should they evolve to better suit their audience? Christopher Cundy reports on this and other views and experiences with the public Solvency II document
Discuss the most pressing issues in insurance risk and capital management and the future challenges facing the industry at InsuranceERM's flagship event for for insurance C-level executives and risk teams
Discuss the disruptive cascade effect of physical environmental risks and their impact on insurance risk as well as the threats and opportunities for investments
Discuss the most pressing issues in insurance risk and capital management and the future challenges facing the industry at InsuranceERM's flagship event for for insurance C-level executives and risk teams
See our gallery of winners from this year's awards reception at City Hall
InsuranceERM's exhaustive guide to the range of solutions for risk management, asset management and Solvency II - from risk and capital modelling software, to data, governance and reporting tools.
Nicholas Lyons is due to take over on 1 September
Current CFO Luigi Lubelli to exit next month, Frédéric de Courtois becomes general manager
Paul Geddes will have served for 10 years