Analysis

52911

Why the insurance industry needs a new risk governance model

The traditional 'three lines of defence' model for risk governance needs improvement to deal with a fast-changing and technologically advanced economy, argues Henry Essert in part one of this two-part analysis

52821

The thinking behind Milliman's Mind

Milliman launched its Mind solution for actuarial modelling at the start of this year. Christopher Cundy talks to the lead developer and one of the first users of the innovative solution that bridges the gap to the actuary's favourite tool, Excel

52721

Eiopa's plans for regulatory convergence

Patrick Hoedjes, head of the oversight and supervisory convergence department at Eiopa, talks to Aggelos Andreou about the difficulties of achieving regulatory harmonisation across Europe in an ever-changing landscape and how the authority intends to tackle the big obstacles like Brexit

52501

Realising the potential of operational risk management

Madeline Betts, Justin Elks and Daniel Bruce set out practical and proportionate ways to improve operational risk processes that add tangible value to a business

52381

Emerging risks: cyber still top, environment rising

Max Rudolph discusses the findings of the North American actuarial societies' 11th annual survey of emerging risks with Christopher Cundy

52251

Lloyd's syndicates despair after reinsurance catastrophe rate rises vanish

Veterans express "horror" at the lack of movement in reinsurance rates after 2017's natural catastrophes, as David Walker reports

52161

The beginning of the end for coal investment and underwriting

Insurers have made efforts to disengage themselves from the coal industry on both sides of the balance sheet, but climate activists say they could do more. Cintia Cheong wraps up the latest developments

52071

Model risk management - why should we care?

There are clear benefits to insurers from taking a holistic approach to managing model risk, says Phil Whittingham

51951

The challenge of constructing IFRS 17 discount rates

Nick Jessop discusses the permitted approaches for constructing insurance contract discount rates under the IFRS 17.

51871

Lloyd's syndicates detail extent of natcat losses

Annual accounts from Lloyd's syndicates show a leap in combined ratios and losses following 2017's natural catastrophes. David Walker analyses the figures

51761

Solving Solvency II's proportionality riddle

Smaller insurers have long complained about the burden of complying with Solvency II, but balancing proportionality with proper supervision continues to be debated. Aggelos Andreou reports

51681

Planning your IMAP programme

In part two of this feature, Ashish Kwatra and Jennifer (Kang) Khaleghy highlight key areas to consider when planning for internal model approval

51621

The future of terrorism risk insurance pools

Paul Walsh investigates how the terrorism pools are maintaining their relevance in the face of cyber threats and the changing nature of terrorist attacks

51551

How to get your Solvency II internal model approved

Ashish Kwatra and Jennifer (Kang) Khaleghy discuss the lessons learnt in applying for regulatory capital models and explain how to manage an effective model approval programme

51431

Systemic risk regulation 2.0

International regulators are revisiting the question of how to tackle systemic risk in the insurance sector, proposing an approach based around activities. Aggelos Andreou reports

51142

Myth-busting the demise of commercial property insurance

The value of companies today is based more in intangible assets than ever before. So should commercial property insurers be worried about the future of their business? Tim Freestone delves into the data to reveal a surprising answer

50942

Axa's Buberl defends takeover of XL

Axa's share price dropped almost 10% following the announcement of its plan to acquire XL Group. Aggelos Andreou reports on the rationale behind the deal

50732

Insurers make 'short work' of SFCR internal model disclosures

David Walker compares how firms describe internal models in their solvency and financial condition reports and considers how the practice may evolve

50572

Risk and actuarial recruitment: boom time again

Wages in actuarial and risk management roles are going up, in large part because of the opportunities created by IFRS 17, the new insurance contracts accounting standard. Cintia Cheong reports

50241

IDD delay greeted with mixed reactions

Insurers have welcomed the European Commission's proposal to delay implementation of the Insurance Distribution Directive, but not all national regulators are towing the line. Aggelos Andreou reports