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Insurers' models introduce poorly understood risks
26 February 2014Models have become indispensable to managing a modern re/insurer, but their use is creating new risks that are not well understood. Christopher Cundy speaks to the insurer and the academic who are leading a major project to study the systemic risks in modelling
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Phoenix Companies hires new CRO
25 February 2014MassMutual executive Mark Griffin joins US life insurer
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FASB votes to curtail convergence with IASB
25 February 2014Accounting board limits the scope of its project on insurance contracts
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Hiscox remains cautious on investment risk
24 February 2014Re/insurer reported growth in premiums and profits in 2013
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Oasis: a threat or a complement to the cat model giants?
21 February 2014A new open-source loss modelling framework, Oasis, is threatening to shake up the catastophe modelling establishment. Jamie Bullen asks insurers, scientists and cat modellers how they see it developing
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Rothesay Life acquires MetLife's UK bulk annuity subsidiary
18 February 2014MetLife Assurance holds around £3bn in assets
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Moody's Analytics claims credit modelling first
18 February 2014RiskFrontier 4.0 enables "bottom-up" consideration of credit and interest rate risk for the first time
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IASB may finalise IFRS 9 this week
17 February 2014Board set to discuss accounting proposal this Thursday
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Cincinnati Insurance places $100m private cat bond
14 February 2014The three-year note provides cover against earthquakes and storms
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Guy Carpenter flags up 2014 risks
13 February 2014Drought in California and saturated European soil could cause disasters