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Capital add-ons are here to stay, says IAIS's Kawai
15 January 2013Yoshihiro Kawai heads the International Association of Insurance Supervisors, the body responsible for contentious plans to oversee global insurance companies. He talks to Christopher Cundy about consensus and convergence
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From the Talmud and Markowitz to a holistic picture of risk
10 January 2013Systems thinking helps risk modellers develop a more dynamic, responsive analysis of complex systems. Matt Cocke and Richard See-Toh track developments from 4 BC to today's ERM approach
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2013: the ERM challenges ahead
08 January 2013Leading consultants and CROs say getting the most out of Solvency II implementation will be a big challenge for 2013, but other aspects of ERM will reappear on the agenda, as will the necessity of keeping ERM at the heart of business. Here is a compilation of responses to the questions InsuranceERM asked experts just before Christmas
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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
- MS Amlin commits to Ukraine reinsurance facility
- Swiss Re and RGA participate in £10bn longevity swap for UK pension scheme
- Insurers urged to collect better data for emerging risks models
- Viridium sale likely to spark resurgence in European life consolidation
- Navigating the complexities of insurance-associated emissions
- L&G seals combined £785m buy-in with Anglo American
- T&D Holdings to pay $800m as part of Viridium buyer consortium
- Munich Re acquires Next Insurance, entering US SME market
- Allianz and Zurich stress role of culture change in achieving sustainability
- Scor explains AI use in underwriting and process automation