-
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
-
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
-
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
- RockRose Risk to redirect commissions for mitigation to relieve FAIR Plan burden
- Athene labels Cayman Islands "a contagion risk" in offshore reinsurance clash
- Athene: Risk management will separate life reinsurance winners
- What insurers should consider when deploying AI
- Expect UK PRT volumes of £35bn-40bn in 2026, says Standard Life's Claire Altman
- Colorado State University further reduces its Atlantic hurricane season forecast
- Bermuda's Premier David Burt: stability will continue under new leader
- Don't cut Solvency II guidelines just to hit simplification targets, industry tells Eiopa
- Allianz lays out AI approach, as it confirms layoffs
- The next big flood could sink €108bn of German GDP, warns Allianz