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Dodd-Frank stirs federal action on insurance regulation
03 January 2013As speculation mounts that the Federal Insurance Office will soon release its report on modernising insurance regulation, Gloria Gonzalez investigates how it and the other corollaries of the Dodd-Frank reforms could redraw the US regulatory regime
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Australia beats Europe on regulatory overhaul
21 December 2012Australia has succeeded where Europe has seemingly failed by implementing new solvency capital regulations for insurers in three years – with relatively few delays. The standards will be implemented on 1 January 2013 and follow a broadly similar approach to Solvency II. Lorna Davies reports
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Ace's Mark McCausland: Solvency II is no chore
19 December 2012If boards are only focused on meeting the regulatory aspects of Solvency II they are missing a key point, says Mark McCausland, chief risk officer for Ace European Group, and calling the directive a chore should be resisted. He talks to InsuranceERM about this and other challenges of the CRO role
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Predictive modelling needs man and machine to co-exist
21 August 2012Predictive models used by insurers to manage risk and capital and support pricing could become automated, commodity items. But human judgement and overall method will remain the keys to refining models in the future, according to Duncan Anderson
- Aggregation Method passes comparability test for Insurance Capital Standard
- Evolving risk and capital modelling
- Only 54% of insurance CEOs worldwide are prepared for a cyber-attack
- IFRS 18 accounting standard to reshape financial performance reporting
- Legal & General completes £1.1bn buy-in with Deutsche Bank pension scheme
- UK insurers react positively to Labour government's budget
- Brookfield sets up reinsurance arm in Japan
- Research reveals struggle of Australia's homeowners to understand details of insurance
- Chubb's CEO calls out London market's "aberrant" behaviour
- Insurance Europe urges policymakers to tackle cyber insurance gap amid escalating threats