Analysis

61122

Rating agencies warn of insurtech bubble

A glut of money has flowed into insurtech start-ups, raising concerns that investors are fuelling a bubble in the sector. The situation has also highlighted the challenge of defining “true” insurtech innovation. US editor Sarfraz Thind reports

60981

Profit emergence under IFRS 17: The Variable Fee Approach

Steven Morrison continues his series on profit emergence under IFRS 17 by considering financial risk and its impact on contracts with participation features – with a focus on the differences between the VFA and general measurement model, and the impact of risk mitigation

60761

Why virtual reality tech could be a game changer for insurance

'The future is bright for insurance, the future is virtual'. That was the optimistic sentiment at a recent Lloyd's event to demonstrate the exciting possibilities for virtual, augmented reality and mixed reality technologies in the insurance industry. Ronan McCaughey explains

60671

Candace Woods: engineering financial wellness

Prudential Financial's chief actuary talks to Christopher Cundy about her role in improving diversity, reforming its actuarial team and the regulatory challenges facing the insurer.

60531

Climate risk management: the heat is on

Managing financial risks from climate change is becoming an important issue for insurers. Ronan McCaughey speaks to firms about the tools they use to gauge climate risk - and how they plan to deal with this major global challenge

60421

US Sifi designations: not exactly dead

The Federal Reserve's work on large insurer regulation appeared to receive a final nail in the coffin when Prudential's Sifi designation was removed this month. Insurers have rejoiced, but systemic risk regulation has not been buried entirely. Sarfraz Thind reports

60291

EC's Solvency II reforms to ignore risk margin, interest rate recalibration

Exclusive: The European Commission is set to endorse most of the Solvency II reforms recommended by the European Insurance and Occupational Pensions Authority (Eiopa), according to a draft of the proposals seen by InsuranceERM. Christopher Cundy explains

60201

IFRS 17: A delay in the balance

Arguments are raging about whether implementation of the new insurance contracts accounting standard should be delayed. Cintia Cheong wraps up the latest developments in the long-running saga

59971

German life book consolidation: cultural shift needed

Following the sale of Generali Leben to Viridium, the largest-ever transfer of a German life book, participants are hopeful it will convince doubtful minds and open the door to more deals. Christopher Cundy reports

59901

US flood insurance: bridging the political chasm

Hurricanes Michael and Florence have again drawn attention to the issue of underinsurance of flood risk in the US. The industry says regulators are stymieing the market, and reforms are stuck in a political logjam. InsuranceERM's US editor Sarfraz Thind reports

59751

Finding the future for AI in P&C insurance

Artificial intelligence has the potential to improve a number of important processes, and raise the understanding of risk drivers, insurers told Willis Towers Watson in a recent survey. Neil Chapman explains the key findings to Paul Walsh

59271

InsuranceERM's Technology Guide 2018-19 is now live

Christopher Cundy introduces this year's guide to risk, capital and asset management software

58521

Insurers far from being family and diversity-friendly organisations

Panellists at last week's Dive In festival said they were encouraged by the insurance industry's willingness to improve policies on work-life balance and diversity, but warned there is still a long way to go. Ronan McCaughey reports

57741

RMS targets efficient accumulation risk management with data schema

Insurers have identified a need to better understand how risk accumulates across different business lines. Paul Walsh talks to RMS's Andrew Coburn to understand how the firm's new data schema will help.

56971

"Standalone cyber is the way forward" - Tokio Marine's Daljitt Barn

Cyber risk expert Daljitt Barn has taken up a new role as global head of cyber risk at specialist insurer Tokio Marine. He explains to Paul Walsh why insurers have struggled to grasp the cyber risk threat, and what they should do to grow the market

56841

Finding the goal in insurtech - part two: the insurers

In the second part of this series of interviews, Cintia Cheong and Paul Walsh talk to insurers about their approach to insurtech development and where they are already reaping the rewards

56731

Is the price of patent insurance too high?

Intellectual property and patents have become a cornerstone of the global economy, but the risks associated with these assets are rarely laid off to insurers. Tim Freestone continues his series of articles on insuring intangible risk with an investigation into the pricing of patent insurance

56621

Finding the goal in insurtech - part one: the investors

Strategies for capitalising on new insurance technologies are as varied as the technologies themselves. In part one of this series of interviews, Cintia Cheong talks to insurtech investors about the most promising areas for tech development, and how they are making their investments

56461

Modelling future profit emergence under IFRS 17

Understanding how IFRS 17 financial statements might evolve in the future will be of vital importance to insurers and their investors. Steven Morrison describes a methodology for 'top-down' modelling of key metrics to enable fast and effective decision-making

56351

Most of Europe's non-life business "marginal or loss-making" in 2017

Analysis by Insurance Risk Data of combined ratios reveals marine, aviation and transport is the sector with the least profitable premiums. David Walker reports