Analysis

66335

RVS 2021: Emerging risks start shifting beyond climate and cyber

Re/insurers at this year's virtual Rendez-Vous de Septembre (RVS) event began to take a more holistic view when discussing emerging risks. Paul Walsh reports

66316

Dive In 2021: regulators spur action on diversity and inclusion

As the annual Dive In Festival, designed to promote diversity and inclusion in the insurance sector, gets underway, Paul Walsh finds financial regulators are adding their weight to the agenda

66289

Climate risk enables insurance technology to blaze a trail

Acute regulatory, shareholder and consumer pressure on climate change is fuelling increasing demand from insurers for technology to assess the impact of climate risk. Ronan McCaughey explains how insurance software vendors are responding to the challenge

66285

Social inflation: 800lbs gorilla or 80lbs monkey?

Casualty insurers are complaining about rising liability losses, driven by a litigious US culture and changing social attitudes. But could a far worse catastrophe be ahead of them? Sarfraz Thind reports

66264

Insurers need innovative solutions to address climate change risks

Willis Towers Watson's Adhiraj Maitra and Matt Scott tell Cintia Cheong how innovation helps insurers understand climate change risks and why regulators are not the only stakeholders pushing for better risk management

66246

Maurice Perkins: Transamerica's transatlantic negotiator

Transamerica's global head of government and policy affairs talks to Sarfraz Thind about US and international insurance regulation, Biden's tax reforms and the cultural differences that keep his job interesting

66234

Saudi Arabia embraces IFRS 17 for insurance transformation

IFRS 17 in Saudi Arabia is a story of right time, right place - and the Middle East's largest economy is powering ahead to ensure the standard can transform the country's insurance sector. Ronan McCaughey explains

66221

Talcott Resolution's Chris Abreu: handpicking the way to successful risk management

Paul Walsh talks to chief risk officer Chris Abreu to discuss the US life insurer's separation from The Hartford, the influx of private equity capital and the impact of Covid-19 on risk management

66200

UN climate report: insurers ready to drive radical change

Paul Walsh rounds up reactions from insurers, trade associations and industry experts to the findings of a landmark United Nations (UN) climate report - described as a "code red for humanity".

66191

CyberAcuView's Mark Camillo: cyber data collection first, policy influence next

Major insurers are backing CyberAcuView's efforts to collect cyber claims data and act as a focal point for the industry's engagements with law enforcement, regulators and law makers. Paul Walsh talks to its chief executive Mark Camillo

66179

Whiplash reform raises data and fraud risks

The UK's new protocol for dealing with soft tissue injury claims arising from vehicle collisions has been operating for just over two months. Shyam Bhatt warns insurers of two emerging challenges to their data management processes

66174

The US Climate Survey: good, bad and ugly

US insurers' efforts to understand and mitigate climate risks is difficult to discern, but the NYDFS and InsuranceERM have dug into the NAIC's annual survey to find patchy progress and some surprising opinions. Sarfraz Thind and David Walker report

66165

Eiopa's unit-linked reforms: it's about value, but not money

Plans to ensure unit-linked products in the EU deliver value for money are fraught with challenges, not least on the definition of value, as Christopher Cundy discusses

66160

Allianz's Aylin Somersan Coqui: with crises come opportunities

The chief risk officer of one of the world's largest insurers talks to Cintia Cheong about her changing role, the risks Allianz faces and how Covid-19 has changed the way risk is managed

66143

Cat modellers go physical to understand climate threats

Insurers' modelling of natural catastrophes has predominantly relied on historical data, but this approach is becoming unsuitable as the climate changes. Paul Walsh investigates the new techniques being developed

66127

UK's PRT market set to soar after quiet H1

Pension risk transfer (PRT) activity in the UK was subdued during the first half of this year, but insurance experts tell Ronan McCaughey they expect an incredibly busy H2

66094

Catastrophe modellers are red hot on climate

InsuranceERM's annual roundup of developments among catastrophe modellers and platform providers finds one overwhelming theme: the need to provide insurers with better ways to understand the impact of climate change on risk. Cintia Cheong, Christopher Cundy, Ronan McCaughey and Paul Walsh report

66074

Insurers struggle to explain LDTI volatility to stakeholders

From communication to interpretation, experts discussed their challenges with implementing the incoming US life insurance accounting standard at last week's webinar. Cintia Cheong reports

66071

Inigo Insurance: have fun, build something amazing

Richard Watson, co-founder of the specialty re/insurance startup, talks to Paul Walsh about the importance of enjoying work, dealing with sceptics and an ego-free approach to risk management

66062

UK's ideas for Solvency II neglect risk margin design

"Do what you want, but it needs to be smaller and less volatile" seems to be the country's reaction to reforming the controversial risk margin. Christopher Cundy reports