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Glyphosate, opioids and talc - candidates for the next asbestos?
07 May 2019Claims relating to asbestos exposure caused a catastrophic level of losses for the insurance industry. What is the potential for the scenario to be repeated by other chemicals and compounds? Paul Walsh reports
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Lloyd’s culture risks sabotaging its transformation plan
03 May 2019Lloyd’s “bold new strategy” to transform the 330-year-old insurance market by targeting efficiency and technology innovation could fall flat because of a lack of talent, the timeline for execution and the challenge of appeasing different stakeholders. Ronan McCaughey explains
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Decoding IFRS 17 from an investment perspective
30 April 2019Efforts by the International Accounting Standards Board (IASB) to clarify the definition of investment components within an insurance contract have been welcomed by some stakeholders. However, others argue a new proposal from the board could spark confusion. Cintia Cheong explains
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LDTI: a challenge even for the most well-prepared
25 April 2019The US long-duration targeted improvements (LDTI) accounting change is one of the most complex accounting developments ever to hit the US insurance industry. EY's Evan Bogardus and Chad Runchey tell Sarfraz Thind about the implications of the new standard and - why it is so taxing for insurers
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Top technology tools for actuaries
23 April 2019The actuarial world may sometimes be perceived as a stolid profession, but the development and integration of new technologies means the sector is moving apace. A survey by the US Society of Actuaries highlights the key technology trends in the business. Sarfraz Thind explains
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Six ingredients needed for an effective consumer risk metric
18 April 2019How should insurers communicate the risks and benefits of their products to potential retail customers? A recent paper from the UK Institute and Faculty of Actuaries investigated this question and came up with some surprising results. Christopher Cundy explains
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Getting IFRS 17 ready for lift off
16 April 2019Despite the recent efforts by the IASB in proposing several changes to ease the implementation of IFRS 17, the new accounting standard for insurance contracts, some in the industry believe more needs to be done. Cintia Cheong rounds up the latest developments on IFRS 17 and the outstanding issues until its launch
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"The Solvency II review is a Herculean task for regulators"
11 April 2019Talanx's chief risk officer Gerhard Stahl talks to David Walker about the 2020 review of Solvency II, how to improve risk reporting, and the story behind ESG integration
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What is stalling the growth of the patent insurance market?
09 April 2019In his fourth article on insuring intangible risks, Tim Freestone investigates the limitations of the patent protection markets and how growth could be stimulated
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US flood insurance: new model, new hope?
04 April 2019The federal flood insurance system has been setting milestones in mismanagement since it was introduced in 1968. Will a new risk model and other guidance improve the situation, and allow private insurers to participate? Sarfraz Thind reports