Analysis

67700

IFRS 17: still waiting for disclosures

The IFRS 17 accounting standard is due to be implemented in five months' time, but many insurers are leaving it until the eleventh hour to reveal what impact the transition will have on their financial metrics. Christopher Cundy and Paul Walsh report

67668

Solvency II in Germany: four insurers below 100% ratio without transitional measures

New analysis from Insurance Risk Data picks up where Eiopa left off, evaluating the use of the long-term guarantees measures in Germany, the EEA country where they are most popular. David Walker reports

67634

The UK's Solvency II reform proposals: reactions summarised

Actuaries, US insurers, environmental campaigners have joined the UK industry in responding to Solvency II reform proposals. Christopher Cundy and David Walker report

67618

Japan steps forward with ICS-based capital framework

Japan is midway through development of a new capital framework that takes its lead from the Insurance Capital Standard. This should make it a beacon for international prudential rules, as the FSA's Shigeru Ariizumi explains to Sarfraz Thind

67610

Czech insurers awaken to digitalisation

Paul Walsh reports from Prague on the opportunities and risks for underwriters in the historically conservative Czech Republic market

67585

R.I.P. traditional life insurance

Low interest rates killed off European life insurance products that offered policyholders guaranteed annual returns. Even now as rates rise, David Walker finds practitioners are ready to bury the concept

67581

Thinking outside the box on emerging risks

Risk professionals may need to deploy more imagination if they are to address the perils that are currently going undetected. Paul Walsh reports

67567

ALM and capital management under Hong Kong's RBC

Richard Chan, Hong Kong chief investment officer and Asia head of ALM at Axa, discusses Hong Kong's forthcoming risk-based capital regime and how insurers will respond

67530

Insurers' hidden risk from reinsurance recaptures: the perspective of UK annuity writers

Mudi Ugono and Brad Ashton discuss the findings from a working party on how a reinsurer default could affect insurer balance sheets - and how the management of this risk could be improved

67520

IAIS 2022: bringing the party back to insurance

June's meeting of international regulators was a sunny affair in an idyllic setting. Even the ever-lurking shadow of the ICS couldn't spoil the party after two years of isolation. Sarfraz Thind reports

67509

Blockchain in insurance: surviving the wreckage

Blockchain technology has so far failed to revolutionise the insurance business, but it has found some niches where it seems to be enduring. Paul Walsh reports

67491

Insurers feeling hamstrung as protection gaps widen

Current global events and left-field risks are contributing to widening protection gaps and insurers may be restricted in their attempts to reduce them. Paul Walsh reports

67440

Hanfa's Ilijana Jeleč: Croatian insurers face a challenging year

Ahead of hosting the IAIS Global Seminar this week, Croatia's insurance regulator Ilijana Jeleč talks Sarfraz Thind about developing the market in this land of a thousand islands

67395

IFRS IC likely to stand its ground on IFRS 17 annuity decision

Staff at the IFRS Interpretations Committee have backed the original decision on annuity accounting, going against the view of most stakeholders. Cintia Cheong reports

67376

Bigger does not mean better for insurers

Expanding an insurance business in good times typically meant growing profits. In today's tougher economic environment, Europe's largest insurers are being much more prudent about spending capital, and are only considering very careful expansion, as David Walker writes

67368

Scepticism about the UK's Solvency II savings

The UK government is projecting a meaningful reduction in capital requirements from its prudential regulation reforms. But some question whether the redesign will make any difference, as Christopher Cundy reports

67358

Systemic risk warnings put Sifi regulation back in play

Macro risks are piling up for insurers, prompting US regulators and lawmakers to suggest bringing back the "systemically important financial institution" designation. Sarfraz Thind reports

67326

A troublesome transition

Under pressure to stop underwriting fossil fuels, insurers are having to balance the loss of profitable business with developing new products and avoiding reputational risks, as David Walker reports

67306

Insurers go back to basics in biodiversity underwriting push

The loss of biodiversity has been identified as one of the world's most severe risks, but insurers are only just beginning to get to grips with it. Paul Walsh reports

67291

Hot property! Australia faces up to un-insurability threat

Record costs of recurring natural catastrophes risk turning property re/insurance in Australia into a niche product for low-risk homes, finds David Walker