Archive

UK riots won't be major loss this time but insurers face warnings on future

Social media fuelling threat of political violence as insurers urged to pay out quickly

AI is only used for reserving by a fraction of insurers worldwide

But LCP survey found 53% of teams said they plan to increase usage in the future

Microsoft IT outage will be significant loss for insurers

Challenge for firms where both operations and coverage hit by outage

Mortality is back to pre-pandemic levels, but UK insurers should be cautious about trend

LCP's Stuart McDonald said no fall in mortality over a five-year period is very rare

PIC completes £1.2bn buy-in, largest of 2024 so far

What do capital model validators and social media influencers have in common?

Wendy Kriz Evans identified the commonalities during LCP's annual capital seminar

Labour election win could hit UK bulk annuity volumes

Labour's support for the Mansion House reforms is also likely to expand the endgame options for pension schemes

Sharp decline in interest rates could dampen UK bulk annuity growth

Moody's also says competition for illiquid assets could compress yields and dilute portfolio quality

PIC seals £870m bulk annuity deal with the De Beers UK pension scheme

US pension risk transfer volumes reach $45.8bn in 2023

Second highest annual figure on record, according to Limra