Archive

  • Inga Beale: product innovation is not achieved by adding exclusions

    07 June 2023

    The former Lloyd's chief talks to David Walker about her frustrations with the insurance sector and why firms must be more diverse, use technology and think more creatively, in order to better serve their customers

  • Prudential Financial's CRO discusses interest rates, AI and climate risk

    02 June 2023

    Meyrick Douglas has contended with banking stress in the US, rising interest rates, edgy markets and ChatGPT since becoming Prudential Financial's chief risk officer in November 2022. He sits down with Ronan McCaughey to discuss. Additional reporting by Paul Walsh

  • Phoenix's Leah Ramoutar: Why we should address nature and climate risk together

    30 May 2023

    A nature risk reporting framework to match the TCFD is being launched this year. Phoenix's head of climate and nature risk, Leah Ramoutar, tells Joshua Geer why insurers should consider climate and nature risk in tandem

  • Moody's RMS opens the door to open-source cat modelling

    25 May 2023

    The leading catastrophe modelling firm has taken a major step in allowing its users access to third-party models, based on open-source standards, alongside its proprietary offerings. But its embrace of the open-source world is limited, as Christopher Cundy reports

  • IFRS 17: simplifying accounting for multi-year reinsurance contracts

    22 May 2023

    There are circumstances in which the Premium Allocation Approach can be used for multi-year reinsurance contracts, as Milena Lacheta explains

  • "Exciting and scary": the insurance regulator's view on AI

    18 May 2023

    What does the proliferation of AI technology mean for a cautious industry like insurance? And how can regulators police this potentially limitless technology? The chair of the NAIC's innovation group, Kathleen Birrane, talks about the challenge with Sarfraz Thind

  • Inflation risk: not going away, still uncertain

    15 May 2023

    The UK might have passed its peak inflation rate, but that doesn't mean inflation is a historic risk, as Ronan McCaughey reports from the Institute and Faculty of Actuaries' Spring conference

  • Engagement processes help insurers tie the knot on net-zero

    11 May 2023

    In order to meet their net-zero ambitions, insurers will need to bring clients and stakeholders along with them. Joshua Geer asks three heads of sustainability to explain how they are approaching engagement - and when to employ exclusions

  • Will AI grow or shrink the insurance market?

    08 May 2023

    Artificial intelligence (AI) offers the opportunity for insurers to cover more risks at a reasonable price, but it also threatens insurability, as Esko Kivisaari discusses with Christopher Cundy

  • AI and bank failures among top concerns for North American CROs

    04 May 2023

    The use of artificial intelligence, implications from banking collapses and people risk concerns lingering are high on the agenda of four chief risk officers, as Paul Walsh reports