Archive

  • New cat modelling systems portend changes to underwriting

    15 April 2014

    PwC survey suggests pricing of cats could become more transactional and transparent

  • UK insurers not ready for Solvency II pillar 3

    27 March 2014

    PwC poll finds only 2% have had a reporting dry run

  • RSA's Irish losses - bad luck or bad management?

    19 March 2014

    RSA's risk management was put under the spotlight last year by a host of unfortunate events, not least an accounting scandal that contributed to a £200m loss at its Irish division. Exonerated by external auditors, the incident has nonetheless raised questions around RSA's risk culture. Sarfraz Thind reports

  • RSA appoints new Irish chief

    10 March 2014

    Former Irish CEO Philip Smith resigned claiming he was a "fall guy"

  • UK winter storms could cost £1bn

    11 February 2014

    Insured losses from December and January weather approaching £500m

  • Eight out of ten insurance CEOs see regulation as barrier to growth

    06 February 2014

    But nearly all are confident that revenues will increase over next three years

  • RSA blames "inappropriate collaboration" for Irish financial issues

    09 January 2014

    Senior executives colluded over financial and claims irregularities

  • RSA confident Irish problem limited to £200m

    08 January 2014

    The insurer expects impact of claims and financial irregularities to meet earlier forecast

  • "A big shift towards insurers focusing on customer outcomes"

    02 January 2014

    PwC's Jonathan Howe recalls the major talking points of 2013 and sets out insurers' challenges for 2014

  • PRA sets robust internal model timetable

    16 December 2013

    Firms late with their models will join "the end of the queue"