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Insurance contracts accounting - present and future
Laura Kennedy introduces the IFRS 17 standard, explains why it's needed, and describes the path to implementation
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The road to better data, systems, processes and control
IFRS 17 is less about reaching its destination – the calculation of closing balances – than the journey it takes to get there. Critical as they are, the standard's calculations are just part of a much bigger picture, covering not only data, systems and processes but also how these elements are controlled. Understanding the key new challenges that insurers must navigate, the team behind FIS' Prophet risk management solution maps out a route to compliance
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Arch Capital hikes natcat loss estimate
10 January 2018Group also announces hit to deferred tax asset of US tax-cut
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Rise in global reinsurance capital helps keep a lid on pricing - Aon Benfield
09 January 2018"No change" in fundamental dynamic of reinsurance market
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Argo's CRO Tsiakki to join Coverys Managing Agency
09 January 2018Will lead risk function at medical professional liability insurer
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IFRS 17: Nine steps to avoiding a reporting crisis
Insurers are facing yet another change to their reporting processes with the introduction of new accounting standards. Richard Waller shares his tips on meeting the challenge
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Willis Re includes silent cyber risk in modelling tool
09 January 2018Tool assesses insurer's exposure to cyber loss
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Hastings defends CEO move against potential governance criticisms
09 January 2018Sanguine analysts note a shortage of qualified candidates
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The Hartford takes $850m hit from US tax changes
09 January 2018Reduction in deferred tax asset creates short-term impact
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Costliest natcat year ever for US
09 January 2018Led by hurricane damage, 2017 topped the bill of 2005