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Dutch court orders Ageas to repay $1.5bn over Fortis collapse
16 July 2018The verdict marks the largest ever settlement issued in European securities
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UK car insurance premiums at their lowest price since 2014
16 July 2018Expected increase to Ogden rates helps insurers cut prices
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UK Defence Club picks Cyprus as EU base post-Brexit
16 July 2018UK insurers expanding to Continent wrote £4bn in EU ex-UK in 2017
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PRA sets out MA concerns and future projects
13 July 2018Letter to chief actuaries says also discusses internal models, stress testing and fundamental spread
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Cat modelling firms facing renewed pressure on loss estimates
13 July 2018JLT Re urges cat modellers to strengthen authority over post-event loss forecasts
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IFRS 17 is complex but necessary – A.M. Best
13 July 2018The new accounting standard will increase volatility in insurers’ results
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High-res flood data is cat modelling's third disruptive wave - Muir-Wood
13 July 2018After the ‘Class of 93’ and the cat bond revolution, the ability to calculate building-level flood risk costs is causing a re-evaluation of flood insurance
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Holloway Friendly breaks the mould with readable, educational SFCR
12 July 2018The UK friendly society has taken a radical approach to its Solvency II public reporting, creating a document that can be understood by non-experts but still meeting regulatory requirements. InsuranceERM spoke with chief financial officer Paul Harwood to understand the firm's motives and ask how the redesigned SFCR has been received
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Insurers a distant second to banks in smart automation
12 July 2018CapGemini survey calculates $269bn revenue win for wide implementation
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UK asks EU for different third-party equivalence regime after Brexit
12 July 2018British government proposes an “enhanced” version due to markets’ interconnectedness