Analysis

62724

Stephen Catlin and Paul Brand: how we’re going to challenge the status quo

A new re/insurer enters the business at a time when rates are hardening for the first time in years. But what can Convex do differently to the incumbents? Sarfraz Thind talks to the founders to find out

62710

How to avert the big data threat

Big data analytics promises to revolutionise risk selection for insurers, but threatens to marginalise higher-risk groups. Paul Walsh investigates how the “solidarity monitor” devised by the Dutch insurance association can help avoid exclusion

62698

Mortality reserving windfalls: a reversal of fortune?

UK life insurers have enjoyed several years of unexpected profits thanks to the slowdown of mortality improvements, but recent statistics hint this trend may be about to reverse. Cintia Cheong reports

62686

Solvency II's biggest unintended consequences

In part two of a Q&A to accompany the launch of his book on Solvency II, Karel Van Hulle discusses the impact of the directive, and how the insurance sector should prepare for sustainability, Brexit and new technologies

62667

Liquidity risk management for life insurers

Managing liquidity requires a different approach from managing capital and must often be considered over different, typically much shorter, time periods – as consultants at Milliman explain

62665

Karel Van Hulle: “I want the objectives of Solvency II to be remembered”

As a former head of insurance and pensions at the European Commission, Karel Van Hulle was central to the development of Solvency II. To coincide with the launch of his book on the directive, he talks to Christopher Cundy about its gestation, flaws and future development

62644

Implementing IFRS 17 discount curves: theoretical and practical challenges

Insurers will have to develop their own assumptions around discount rates under IFRS 17, which will re-open some old debates around incorporating the illiquidity premium. Steven Morrison explains.

62570

Canopius: looking east and west for growth

This year's deals involving AmTrust and Samsung have given the 16-year-old Lloyd's operation a fresh impetus, as chairman Michael Watson explains to David Walker

62621

Dive In 2019: catching up on diversity and inclusion

The insurance industry was heavily criticised during last year's Dive In festival for its poor approach to diversity and inclusion. Nearly twelve months on, Paul Walsh finds the sector is beginning to listen.

62576

In the Spotlight: Gefion Insurance

The Danish motor insurer is latest to require remedial action by regulator Finanstilsynet after deficiencies were identified in its capital and risk management practices. David Walker reports

62566

Climate risk in the US: time to stand up

Trenchant politics, vested interests, short-term thinking ... tackling climate change in the US is an uphill battle. Washington insurance commissioner Mike Kreidler tells Sarfraz Thind about the difficulties of standing up to the status quo

62599

Insurers push for dual-rate approach to Ogden

The change in the Ogden rate prompted surprise and disappointment from insurers. Their hopes for a fairer settlement are now pinned on the next round of reforms, as Christopher Cundy and Paul Walsh report

62575

Annual cohorts dominate EU debate on IFRS 17 endorsement

Efrag's preliminary discussions on proposed amendments to IFRS 17 reveal growing support to revise the approach to grouping of insurance contracts. Cintia Cheong reports

62556

"We want clarity and certainty for IFRS 17 implementation"

Patrick Klijnsmit, director of finance, risk & performance management and control at ASR, talks to Cintia Cheong about choosing vendors and contractors, and what he thinks of the proposed changes to the accounting standard

62554

What's next for the MA and VA?

More than €100bn of capital relief is provided by Solvency II's matching and volatility adjustments, but they are far from uncontroversial. As the European Commission begins to consider reforms, Christopher Cundy reports on the problems and possible solutions

62547

Questioning the value of IFRS 17

Irish insurance chief risk officers have expressed scepticism about the benefits of IFRS 17 and fear the principles-based nature of the insurance accounting standard will hamper consistency. Ronan McCaughey explains

62536

Romania's insurance sector: motoring on

Motor business has dominated Romania's insurance market, but firms are taking steps to diversify their books, as well as cope with a raft of regulations and capitalise on new technology. Paul Walsh reports from Bucharest

62521

IFRS 17: implementation update

Two years into IFRS 17 preparations, four directors at consultancy Muller Beukes Edvardsen share their thoughts on how far insurers are on the road to implementation

62512

"The mummy track or the director track?"

Steps to increase equality and diversity in the financial services industry are under way, but as witnesses at a recent UK parliamentary meeting observed, there is still much to be done. Paul Walsh reports

62499

Ireland's insurers zero in on operational resilience

Operational resilience is fast becoming the watchword for Ireland's re/insurance market and the country's insurance regulator. Ronan McCaughey explains