Archive

  • Bank of England ignites the debate on UK-EU Solvency II equivalence

    12 February 2021

    The EU is in no rush to grant the UK reciprocal equivalence on Solvency II and has stirred anger by saying it wants to see how far the UK diverges before giving the green light. Paul Walsh assesses the state of play and whether there is any potential for a future agreement

  • Is address-level pricing causing or solving natcat protection gaps?

    11 February 2021

    Consumers in high-risk districts are facing unaffordable premiums for property cover - a situation that some blame on insurers' increasingly detailed pricing methods. But insurers argue that address-level pricing allows them to close protection gaps. David Walker reports

  • Insurance protection gaps: getting over the blame game

    09 February 2021

    Politicians and civil society tend to blame insurers for widening protection gaps. But insurers say governments and regulators must share responsibility. So what can be done to solve what all regard as a growing problem? Christopher Cundy reports from Eiopa's 10th anniversary conference

  • Lawyer says he has "smoking gun" in US business interruption case

    22 January 2021

    John Houghtaling, who is handling $3bn in claims on behalf of small businesses forced to close by Covid-19, believes his case will be a watershed for the US BI saga. Sarfraz Thind reports

  • Germany's interest rate reserve gets bigger - and better

    07 January 2021

    German life insurers paid more into the Zinszusatzreserve again in 2020, despite the new "corridor method" of calculation that intended to unburden the sector. Industry leaders tell David Walker the ZZR remains fit for purpose nonetheless

  • The politics of pandemics

    31 December 2020

    Combatting the next pandemic will take a lot more than vaccines, according to Frank Schiller, a board member of Germany's actuarial association. To cover the risk, insurers will need a deft understanding and the ability to work closely with the political world, as Schiller explains to David Walker

  • ICS: the gift that nobody wants

    23 December 2020

    The Insurance Capital Standard continues to be a source of controversy. If the IAIS thought the global capital rule had satisfied at last year's Abu Dhabi meet, they will need to think again. Sarfraz Thind reports

  • Solvency II interest rate risk: a floor to cure the flaw

    31 July 2020

    Eiopa's stakeholder group has proposed an alternative solution to what it sees as a flawed proposal to reform the interest rate risk module. Christopher Cundy reports

  • The insurance industry's climate change leaders

    30 June 2020

    Christopher Cundy introduces InsuranceERM's list of the people leading and shaping the insurance sector's response to climate change

  • "Wrong tone" casts insurers as Covid-19 villains

    22 June 2020

    Insurance and communication experts debated the reputation of insurance after the Covid-19 pandemic in InsuranceERM's latest webinar. Many achievements were highlighted, but a lack of empathy was a key criticism. Ronan McCaughey explains