Archive

India plans removing FDI cap for insurance sector

Irdai has advocated dropping the present 74% ceiling on foreign direct investment

Consumer Duty has become a burden for insurers... but in a good way

The Consumer Duty rules have reshaped the UK's conduct regulation by demanding insurers place customers' needs first. While still seen as a burden, it has been is welcomed as a step towards better outcomes for all. Joshua Geer reports

Finalisation of Solvency UK marks "significant milestone" for insurance sector

The PRA's phased consultation approach to the Solvency II Review has concluded

IAIS consults on AI supervision and risks for insurers

Paper from global insurance watchdog covers AI security, fairness, robustness and governance

Re/insurers reveal financial impacts from hurricanes Milton and Helene - UPDATED

The hurricanes made landfalls in the US barely two weeks apart, in September/October

Hawaii climate litigation case raises coverage risks for insurers

Court's decision on conduct and pollution exclusions highlights risks for historical liability policies

CDI submits final wildfire cat modelling rule for approval

Forces insurers to write wildfire cover as condition of using models

Video: TIAA's Wen-Fu Wu on innovations in portfolio management

Wen-Fu Wu, deputy chief investment officer and head of fixed income at TIAA, explains how he uses AI in designing and managing portfolios, as well as the innovations he is seeing in new asset classes.

R&V nabs Dragica Mischler from ÖRAG for risk management

Gjensidige wins approval for windstorm model in PIM