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California's big climate show
18 April 2024California last week hosted a major summit on the insurance sector's response to climate change. The impressive list of attendees suggests a willingness to talk on this crucial of matters. Sarfraz Thind, Joshua Geer and Ronan McCaughey report
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Has IFRS 17 improved comparability and consistency? The jury is still out
16 April 2024After more than two decades' work on IFRS 17, the industry is still unsure if the accounting standard has made things better. Joshua Geer reports
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Climate litigation's third wave could leave insurers in deep water
12 April 2024Following two waves of climate litigation since 2004, the third may be more nuanced and insurers must be prepared for its effects, participants at an InsuranceERM webinar on the topic explained. Paul Walsh reports
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Asset-intensive reinsurance intensively assessed
09 April 2024The NAIC is drawing up proposals to tackle asset-intensive reinsurance as regulators worry about the vast volumes of risk being ceded outside the US. Sarfraz Thind reports
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UK's Consumer Duty: a headache on top of a cost-of-living crisis
05 April 2024The introduction of the Consumer Duty regime has piled on costs for insurers at a time when premiums are soaring due to inflation. There are also plenty of questions about how the regulation will be implemented and enforced, as Paul Walsh reports
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Life reinsurers spy a goldmine in Asia
02 April 2024A $3trn market is waiting to be tapped and asset-intensive reinsurers are priming themselves to be there, as Sarfraz Thind reports
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Insurance, Climate Change and the Law: how to be an enabler, not a doomist, on climate action
29 March 2024In her new book, Franziska Arnold-Dwyer explores the requirements and potential roles for insurers in the net-zero transition, as she explains to Joshua Geer
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NAIC climate data call could leave FIO in the cold
26 March 2024Climate and its impact on insurers has been a source of acrimony between state and federal insurance regulators in the US. The NAIC's recently issued climate data call, following the initiative of FIO, might not represent the warming of relations it initially seems. Sarfraz Thind reports
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Actuarial team of the year: OneFamily
26 March 2024OneFamily's commercial actuarial team delivered a range of value creation projects to support the UK mutual insurer on its growth trajectory over the past year and this has helped it claim the InsuranceERM title.
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Auditors and insurers bond over IFRS 17 frustrations
22 March 2024Auditors and insurers were never going to face an easy ride implementing IFRS 17. Both parties have detailed the challenges they faced over the last year and why they're not over yet. Paul Walsh reports