Archive

Has IFRS 17 improved comparability and consistency? The jury is still out

After more than two decades' work on IFRS 17, the industry is still unsure if the accounting standard has made things better. Joshua Geer reports

Chaucer reshuffles CFO and CRO roles after Richard Milner arrival

Werner Joubert becomes CRO at the London-headquartered speciality re/insurer

Aspen and Pimco form casualty-focused re/insurance vehicle

US disinflation stalls, warns Swiss Re

But euro area disinflation continues, according to the reinsurer

SFCRs shine light on German legacy life books of Zurich and Axa

Groups have planned, with mixed success, to sell the back-books to consolidators

Hannover Re and Parametrix issue $13.75m cat bond for cloud outage risk

Cumulus Re protects the German reinsurer against cloud outage loss accumulation within its cyber reinsurance portfolio

PIC seals £50m Epson Telford buy-in deal

Eiopa pinpoints IFRS 17's negative impact on shareholders' equity

The authority's research is based on financial statements from 53 re/insurance groups across 17 EU member states

UK insurers weathered record storm claims in 2023

The ABI said more needs to be done by government on preventative measures

UK regulator issues clarifications on Solvency II MA reforms ahead of finalised rules

Effective deadlines for attestation and voluntary fundamental spread additions explained