Long-term care insurance warning for US market
A recent report on GE Capital's long-term care insurance (LTCI) exposure has triggered market concerns, with Fitch Ratings arguing LTCI products are among the riskiest marketed by US life insurers. Sarfraz Thind explains
Spelling out concerns with IFRS 17 reinsurance accounting
The IASB has revised the insurance contracts accounting standard to minimise mismatches in reinsurance accounting. This may be good news for primary firms and reinsurers, but other challenges remain, as Cintia Cheong reports
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
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
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
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
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
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
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.
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