Archive

  • Australia raises its game on wildfire loss models

    08 February 2019

    Ten years ago, Australia suffered one of its worst outbreaks of bushfires that burned 300,000 hectares and took 173 lives. David Walker reports on how wildfire modelling has developed to cope with this increasing threat

  • The unstoppable rise of insurtech in China

    06 February 2019

    Technology is driving growth in China's insurance markets, particularly among millennials, and investors remain keen to back insurtech firms despite continuing losses and potential regulatory challenges. Siyi Liu reports

  • European regulators outline Brexit mitigation measures

    31 January 2019

    As the threat of a no-deal Brexit becomes more likely, some EU countries are stepping up their preparations to ensure service continuity. Cintia Cheong spoke to regulators and governments in five big EU27 markets to find out what they have planned

  • How to sell an IFRS 17 lemon

    29 January 2019

    Andries Beukes and Pamela Hellig explains why a fair value loss component is improbable but not impossible under IFRS 17

  • MPs grill Rule and Woods on equity release, ethics and Brexit

    24 January 2019

    The UK parliament's house Treasury Committee yesterday questioned Bank of England chiefs Sam Woods and David Rule on a host of issues, including diversity, management ethics, Brexit - and insurers' treatment of equity-release mortgages. Ronan McCaughey and Christopher Cundy report

  • Silent cyber risk sparks rewording of insurance policies

    22 January 2019

    AIG and Allianz are among the insurers to have undertaken a large-scale effort to exclude silent cyber risk from their portfolios. Paul Walsh looks into the process and discovers how policies have been reworded to safeguard insurers and satisfy their customers

  • Risk insights from outer space

    17 January 2019

    Satellite and drone technology has transformed the ability of re/insurers to assess risks and losses from natural catastrophes, as Dave Fox explains

  • Capital models: run, review, repeat

    15 January 2019

    Recent surveys by consultancies Willis Towers Watson and PwC have revealed how UK life insurers have revised their approach to capital modelling. Christopher Cundy reports on some of the highlights

  • Eric Cioppa, the regulator's regulator

    10 January 2019

    Maine's superintendent of insurance has taken on the mantle of NAIC president for 2019. He talks to Sarfraz Thind about regulatory priorities and how he will marshal the 50 states to reach a common view

  • US life firms under pressure from accounting overhaul

    08 January 2019

    It has been billed as the biggest change in US accounting rules for decades. But reportage of the new US GAAP LDTI standard remains sparse. Since coming into effect in August, with an implementation deadline of 2021, companies have been scrambling to assess the impact. Sarfraz Thind reports