Archive

  • Emerging risks survey reveals "post-crisis" thinking

    04 April 2014

    This year's poll of North American risk managers shows a shift in concern away from the economic crisis and towards issues such as regulatory change and cyber risk. Christopher Cundy speaks to its author, Max Rudolph

  • Reinterpreting the role of the CRO

    01 April 2014

    Despite the growing presence of chief risk officers (CROs) in the senior management teams of European insurers the industry is a long way from a common view of the role, and universally deriving value from it, say Mike Wilkinson and Patricia Mackenzie.

  • World catching up with Europe on risk disclosure

    28 March 2014

    Guy Carpenter's latest study into ERM disclosures revealed insurers have made great leaps forward, with the most significant improvements among firms based outside Europe. The spectrum of risk metrics remains wide, but is becoming more consistent, the brokerage says.

  • Exploring the regulator's approach to risk culture

    26 March 2014

    Using the theory of plural rationality, Dave Ingram, Michael Thompson, Alice Underwood and Elliot Varnell describe how the various approaches to insurance and financial regulation deal with risk - and how they cope in a crisis

  • Bowles on Omnibus II: "It took eight hours to agree three figures"

    21 March 2014

    Sharon Bowles has been instrumental in securing the passage of Solvency II. As she stands down from her European Parliament seat this year, she tells Jamie Bullen about the mistakes that were made, the value of patience and the possibility of further quick-fixes

  • RSA's Irish losses - bad luck or bad management?

    19 March 2014

    RSA's risk management was put under the spotlight last year by a host of unfortunate events, not least an accounting scandal that contributed to a £200m loss at its Irish division. Exonerated by external auditors, the incident has nonetheless raised questions around RSA's risk culture. Sarfraz Thind reports

  • Understanding Solvency II's new transitional measures

    13 March 2014

    Solvency II may have an official implementation date of 1 January 2016, but insurers are being given years to get their house in order. Alison Matthews outlines the key transitional provisions recently introduced to the legislation, focusing on the tricky question of equivalence

  • Restricting access to health data creates competition issue

    07 March 2014

    Changing rules on access to UK national health data may have consequences for actuarial research and could make it harder to develop new products - and for new entrants to break into life insurance markets. Christopher Cundy reports

  • Diversification and caution characterise insurers' 2014 asset strategies

    05 March 2014

    Another year of weak yields from bonds is prompting some insurers to continue diversifying their investment portfolios. But with predictions of weaker equity markets and continuing low interest rates, others are battening down the hatches. Jamie Bullen and Christopher Cundy report

  • Solvency II pillar 3 reporting moves into the spotlight

    28 February 2014

    Complying with Solvency II reporting requirements will be no easy ride - especially when there are so many uncertainties to be resolved. The level of detail and the speed with which reports are needed are posing big challenges, as Christopher Cundy reports