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"We want clarity and certainty for IFRS 17 implementation"
09 July 2019Patrick Klijnsmit, director of finance, risk & performance management and control at ASR, talks to Cintia Cheong about choosing vendors and contractors, and what he thinks of the proposed changes to the accounting standard
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What's next for the MA and VA?
04 July 2019More than €100bn of capital relief is provided by Solvency II's matching and volatility adjustments, but they are far from uncontroversial. As the European Commission begins to consider reforms, Christopher Cundy reports on the problems and possible solutions
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Questioning the value of IFRS 17
02 July 2019Irish insurance chief risk officers have expressed scepticism about the benefits of IFRS 17 and fear the principles-based nature of the insurance accounting standard will hamper consistency. Ronan McCaughey explains
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Romania's insurance sector: motoring on
27 June 2019Motor business has dominated Romania's insurance market, but firms are taking steps to diversify their books, as well as cope with a raft of regulations and capitalise on new technology. Paul Walsh reports from Bucharest
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IFRS 17: implementation update
25 June 2019Two years into IFRS 17 preparations, four directors at consultancy Muller Beukes Edvardsen share their thoughts on how far insurers are on the road to implementation
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"The mummy track or the director track?"
21 June 2019Steps to increase equality and diversity in the financial services industry are under way, but as witnesses at a recent UK parliamentary meeting observed, there is still much to be done. Paul Walsh reports
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Ireland's insurers zero in on operational resilience
19 June 2019Operational resilience is fast becoming the watchword for Ireland's re/insurance market and the country's insurance regulator. Ronan McCaughey explains
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Figuring out profit emergence under IFRS 9 and IFRS 17
13 June 2019Gavin Conn and Steven Morrison examine how the choice of liability discount rate affects the expected profit emergence and earnings volatility under IFRS 9 and IFRS 17
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Regulatory doubts holding back advanced modelling
11 June 2019US regulators are ill-equipped to oversee predictive models and may be slowing the adoption of new technologies, says a study by the Society of Actuaries. Sarfraz Thind reports
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2019 Atlantic hurricane season: facing the eye of the storm
06 June 2019Forecasters are predicting a relatively average Atlantic hurricane season, but emerging risks could impact losses in unexpected ways. Paul Walsh and Sarfraz Thind report