Archive

IFRS 17: still waiting for disclosures

The IFRS 17 accounting standard is due to be implemented in five months' time, but many insurers are leaving it until the eleventh hour to reveal what impact the transition will have on their financial metrics. Christopher Cundy and Paul Walsh report

Aspen UK's accounting errors led to $100m capital injection

Bermudian insurer confirms appointment of EY as auditor to replace KPMG

Beazley ramps up inflation countermeasures

Insurer posts near 90% drop in H1 pre-tax profits

Beazley hires head of financial climate risk from BoE

Major insurers urged to cut Trans Mountain pipeline ties

ICEYE launches flood analytics platform for insurers

The nat cat data provider said the tool will support insurers with rapid decision-making

European insurer boards fall short of investors' expectations

EY releases findings on financial boardroom skills across Europe

Prices for cyber more than double in past year, says Howden

Broker says compounding increases now "unsustainable"

Bigger does not mean better for insurers

Expanding an insurance business in good times typically meant growing profits. In today's tougher economic environment, Europe's largest insurers are being much more prudent about spending capital, and are only considering very careful expansion, as David Walker writes

UK live events reinsurance scheme delivers over £100m of cover

The initiative was launched so eligible live events could obtain Covid-19 insurance cover