Archive

Catherine Drummond: CROs are working more closely with boards

LCP partner Catherine Drummond observes how CROs increasingly became strategic partners in 2024, but have work to do on climate risk and embracing technology

LCP predicts vibrant UK PRT market and continued high deal flow in 2025

The consultancy expects continued favourable buy-in pricing in 2025 as new entrants make their mark

UK motor and liability insurers welcome Ogden rate rise to 0.5%

Higher discount rate should lead to lower premiums

GIRO 2024: Actuaries debate if AI will make reserving obsolete

The conference hears spirited arguments on whether automation will transform or merely enhance reserving processes

Just Group locks in £1.8bn BPA deal, its largest to date

Rothesay writes £11bn bulk annuity for NatWest across multiple deals

Bank's pension scheme has largest volume of liabilities insured of any UK scheme to date

LCP raises questions on Dutch mortality projection model

Methodology has significant impact on pension liabilities and risk transfer pricing

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