Analysis

  • Agenda 2017 part 1: Insurers prepare for another volatile year

    10 January 2017

    Brexit, Solvency II look-through disclosures, SFCR reports, the Treasury Select Committee inquiry into Solvency II and the fallout from the Eiopa stress tests all present a daunting year ahead for insurance risk managers. Callum Tanner reports

  • How the Lloyd's market can survive Brexit

    05 January 2017

    Lloyd's has a unique challenge in navigating the UK's exit from the EU. Graeme Tennyson explains the three main options and the implications of those for the market

  • Actuaries price themselves out of data science jobs

    03 January 2017

    The skills needed in the 'big data' revolution closely match those held by actuaries, but well-qualified individuals are unlikely to find the sector financially attractive, as Cintia Cheong finds in her report on actuarial recruitment in the UK

  • Lessons from the actuarial archives

    29 December 2016

    Craig Turnbull took a casual journey into the actuarial chronicles and found himself writing a book about what he found. He talks to Christopher Cundy about the greatest thinkers and the biggest controversies in 350 years of actuarial history

  • View from the Top: Balancing independence and impact

    22 December 2016

    In his quarterly column for InsuranceERM, Tom Wilson, chief risk officer for Allianz, shares his insights into managing risk and capital. In this instalment, Tom discusses the difference between risk controlling and risk management – or how a CRO can balance independence and business impact within the "three lines of defence" model

  • COMMENT: Eiopa stress test reopens old wounds on Solvency II

    16 December 2016

    Some see LTG measures masking life insurers' risks, others see macroprudential stability. By Callum Tanner

  • Direct Line's José Vazquez: navigating the digital world

    15 December 2016

    Direct Line's chief risk officer José Vazquez discusses how his risk team has evolved and how it is organising to respond to threats such as digitalisation, big data and driverless cars, with Christopher Cundy

  • Amending the Solvency II VA to promote good risk management

    13 December 2016

    Use of Solvency II's volatility adjustment (VA) causes hard-to-explain movements in own funds and perverse incentives for hedging and risk management. In this paper, Richard Plat proposes an alternative approach to solve these issues

  • IFRS 17: the new cloud on the horizon

    08 December 2016

    Could IFRS 17 be even more burdensome and costly than Solvency II? A final text is due to be published in March and insurers are looking for fundamental changes – otherwise some will face a long and expensive path to compliance. Sarfraz Thind reports

  • Trump government threatens federal and international regime for insurers

    06 December 2016

    'Systemically important' designations, the EU-US covered agreement and US enthusiasm for the IAIS may all disappear over the next four years with Donald Trump as president. Some state commissioners are planning to make the most of an administration that, like them, sees too much power in the hands of federal authorities. Callum Tanner reports