Archive

  • IAIS list of internationally active insurance groups rises to 55

    03 November 2023

    Three new IAIGs identified, including two in Bermuda

  • At least 14 EU firms to use IFRS 17 annual cohorts opt-out

    14 April 2023

    KPMG analysis of IFRS 17 disclosures also covers discount rate and risk adjustment approaches

  • IFRS 17: still waiting for disclosures

    04 August 2022

    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

  • Seven re/insurers to join UN's Net-Zero Insurance Alliance

    21 April 2021

    Environmentalists request immediate change to fossil fuels for NZIA project to be credible

  • Sampo's plan to divest Nordea will trigger capital management changes

    25 February 2021

    Market risk will be dramatically reduced, says CFO

  • Sampo not looking for further M&A, despite Nordea windfall

    11 February 2021

    Impairment loss from Nordea slashes Sampo's profits by 75%

  • Sampo offloads Nordea shares for €1.17bn

    11 November 2020

    Finnish insurer reduces ownership to 15.9%

  • Traditional risk management "no longer sufficient" for financial institutions

    20 June 2019

    Alessandra Mongiardino called for firms to take a contemporary approach

  • Insurers share best practice on asset risk from climate change

    13 May 2019

    Pilot project reveals the scenarios, models, and metrics used by 20 institutional investors to assess and disclose climate risk

  • Sampo considers debt issue to restore solvency capital

    10 May 2019

    Nordea Bank's recent shift to Finland means higher buffer required on Sampo's 20% holding