News
Rothesay Life completes £123m pension buy-in
First deal since acquisition of MetLife's £3bn UK bulk annuity portfolio
Swiss Re, Scor and Munich Re share in Aviva's £5bn longevity risk swap
Largest longevity deal with pension fund to date
L&G trebles bulk annuity business
More growth expected in bulk than individual annuity markets
PIC delivers £30m buy-in for parcel pensioners
The transaction covers around £30m of pensioner liabilities and 645 members
Impact Forecasting launches new EU windstorm model
Developed in partnership with the University of Cologne
L&G: Clarity on Solvency II capital will take another 18 months
Basic capital requirement should be between SII's MCR and SCR
Buffett says Berkshire Hathaway would clean-up following major cat
Insured losses from EU floods may treble by 2050
S&P upgrades RSA on back of capital plan
Amlin's internal model helps cut reinsurance spend
Expect more frequent weather extremes, says Allianz director
Aviva appoints Blackstone's Stoddard as CFO
Aviva and Allianz CEOs criticise "regulatory tsunami"
Failure to grasp big data will make insurers uncompetitive
RSA's £775m rights issue at core of capital recovery plan
Royal London poaches Torus CFO
Analysis
Restricting access to health data creates competition issue
Changing rules on access to UK national health data may have consequences for actuarial research and could make it harder to develop new products – and for new entrants to break into life insurance markets. Christopher Cundy reports
Diversification and caution characterise insurers' 2014 asset strategies
Another year of weak yields from bonds is prompting some insurers to continue diversifying their investment portfolios. But with predictions of weaker equity markets and continuing low interest rates, others are battening down the hatches. Jamie Bullen and Christopher Cundy report
Solvency II pillar 3 reporting moves into the spotlight
Complying with Solvency II reporting requirements will be no easy ride - especially when there are so many uncertainties to be resolved. The level of detail and the speed with which reports are needed are posing big challenges, as Christopher Cundy reports
Insurers' models introduce poorly understood risks
Models have become indispensable to managing a modern re/insurer, but their use is creating new risks that are not well understood. Christopher Cundy speaks to the insurer and the academic who are leading a major project to study the systemic risks in modelling
Oasis: a threat or a complement to the cat model giants?
A new open-source loss modelling framework, Oasis, is threatening to shake up the catastophe modelling establishment. Jamie Bullen asks insurers, scientists and cat modellers how they see it developing
FCA dices with actuaries in annuity profits probe
The UK's Financial Conduct Authority wants to make the annuity markets more competitive, but tackling excess profitability and price differentiation may be a bigger challenge than it thinks. Christopher Cundy reports
Equality in insurance - still a decade or two away?
InsuranceERM and BNY Mellon recently hosted a discussion on issues of diversity and gender in insurance. A panel of industry leaders described the state of play and what needs to be done to make the sector more reflective of society