68710

Discounting reserves under IFRS 17 is "dangerous", Fairfax chief warns

Prem Watsa says Canadian group will manage business on undiscounted basis

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InsuranceERM's top stories of 2022

Christopher Cundy, Ronan McCaughey, Sarfraz Thind, Paul Walsh and Joshua Geer review the key developments that shaped the insurance market in 2022 - and share their outlooks for 2023

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EU Parliament's Solvency II negotiations drag on to 2023

Parties still far apart on sustainability and long-term guarantee package

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RMS estimates sub-$2bn insured loss from hurricane Nicole

Cat modeller's best estimate for private market losses is $1.6bn

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MEPs eye new threshold criteria for recovery and resolution plans

Econ committee debate finds consensus on dropping minimum coverage requirement

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FairPlay launches AI detection bias tool for insurers

The US company's product aims to reduce algorithmic bias in the insurance industry

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EU committee shocked as Ferber deletes climate measures in Solvency II reforms

German MEP says green-supporting factors are "beyond his imagination".

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California rate controversy clouds Ricardo Lara's election run up

CDI commissioner attacked by Elon Musk over high auto rates but wins Fair Plan case

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2021 Atlantic hurricane season: "shorties", northeastern losses and rapid intensification

This year's Atlantic hurricane season may not have broken the records of its predecessor, but it was notable for the emergence of several worrying trends. Paul Walsh reports