Analysis

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

66054

Insurers face "carrot or stick" decisions on climate change

Underwriters' response to climate change in their day-to-day business has become a major bone of contention and is often boiling down to a debate over whether the focus should be on incentives or punishments. Paul Walsh reports

66043

US climate risk: towards global alignment?

The US response to climate change has been complicated by inconsistent disclosure, muddled models and divergent state standards. Now the federal government is beginning to act, is the country's insurance sector ready to step up? Sarfraz Thind reports

66030

Africa Specialty Risks aims for a continental shift

Christopher Cundy talks to co-founders Mikir Shah and Bryan Howett about how and why they established an Africa-focused reinsurer in the midst of a pandemic, and their ambition to make an impression in the diverse continent

65996

The beacon for CCR's risk management

Jérôme Isenbart, group chief risk officer for France's public reinsurer Caisse Centrale de Réassurance, explains to Ronan McCaughey the organisation's approach to risk management and lessons to be learnt from the Covid-19 pandemic

65961

Sustainable underwriting is more arduous than sustainable investment

Axa, Zurich and Aviva discussed their journeys to carbon neutrality at the IDF Summit this week, and how they will meet their commitments to net-zero underwriting. Cintia Cheong reports

65954

"LDTI will drive income volatility"

Cintia Cheong talks to experts about why reforms to US insurance accounting standards will cause income volatility and whether adopting the standard early can bring any benefits

65935

The alternative in life

Luca Tres has been a pioneer in the development of the life ILS markets. As he begins a new role at Guy Carpenter, he talks to Christopher Cundy about the past and future at the intersection of re/insurance and capital markets

65927

No room for complacency in 2021 Atlantic hurricane season

Forecasters have predicted another "above-normal" hurricane season, although not as bad as 2020. But as the season gets underway, insurers and catastrophe modellers have stressed there is no place for complacency. Paul Walsh reports

65922

Covid-19 and technology challenge the three lines model

The "three lines of defence" model has pervaded insurers' approach to risk management, but how is it standing up to a rapidly changing environment? Cintia Cheong talks to the authors of a major CRO Forum report, and other experts, to find out

65894

Country profile: Spain

Paul Walsh talks to Spain's insurers about their priorities for reforming Solvency II's matching and volatility adjustment, the impact of low interest rates and Covid-19, and how technology is changing the market

65900

UK use of matching adjustment keeps growing

Christopher Cundy delves into the 2020 solvency reports to find insurers have enjoyed an increase in their capital benefit by more than 10% on the previous year

65884

How much is IFRS 17 costing the insurance industry?

Insurers are 19 months away from having to implement the new contract accounting standard and it is already costing them more than anticipated. Cintia Cheong finds out why

65880

Grey swan risks to put insurers in a flap

Climate change, a massive cyber-attack and geopolitical instability are just some of the grey swan risks worrying insurers. CROs tell Ronan McCaughey how they are preparing for these threats, should the worst happen