Analysis

  • Modelling future profit emergence under IFRS 17

    13 September 2018

    Understanding how IFRS 17 financial statements might evolve in the future will be of vital importance to insurers and their investors. Steven Morrison describes a methodology for 'top-down' modelling of key metrics to enable fast and effective decision-making

  • Most of Europe's non-life business "marginal or loss-making" in 2017

    11 September 2018

    Analysis by Insurance Risk Data of combined ratios reveals marine, aviation and transport is the sector with the least profitable premiums. David Walker reports

  • Tokio Marine overhauls risk management systems

    06 September 2018

    The Japanese insurance group has upgraded its risk management processes to eliminate manual interventions and deliver an enhanced view of group risk. Christopher Cundy reports

  • IAIS gears up for a global supervisory regime

    04 September 2018

    Since the International Association of Insurance Supervisors introduced the Insurance Capital Standard in 2016, the industry and some supervisors have pushed for fundamental changes in a number of areas. With a new consultation package, the IAIS aspires to square the circle. Aggelos Andreou reports

  • Insurers dedicated over €7m to lobbying EU last year

    31 August 2018

    Spending on influencing EU officials has been maintained despite passing of Solvency II. Molly Wilson reports on the figures

  • Putting gender equality principles into practice

    29 August 2018

    Many insurers have committed to narrowing the pay and seniority imbalance that exists between their male and female employees, but are their policies having any effect? Paul Walsh investigates

  • Californian commissioner warns over fire insurance risk

    21 August 2018

    California is not at a crisis point yet in terms of the availability of insurance to citizens burnt out in last year's fires, but the trends are not good, Dave Jones the state's insurance commissioner says. David Walker reports

  • Capital modelling: Why do more simulations matter?

    16 August 2018

    Greater computing power adds significantly to the integrity and value of the capital modelling process. So how much longer can capital modelling actuaries resist the case for changing to higher performance platforms? Asks Sunnie Luthra

  • Supervisors inconsistent in monitoring climate risk

    14 August 2018

    Supervisors' varying levels of familiarity with climate risk requires the establishment of a global framework for measuring and managing those risks, according to the IAIS and the UN SIF.

  • Capital modelling: building a better correlations matrix

    09 August 2018

    Correlation matrices have a major influence on how internal models allocate capital, but conventional processes sometimes struggle to make sense from a business perspective. Colin Kerley suggests an alternative approach