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Solvency II, IFRS 17, local GAAP, Basel IV... where is the consistency?
03 September 2019For the health of the financial sector and for the good of European citizens, accounting and solvency regimes for insurance and banking must be aligned around the same valuation concept, argue Serge Moulin, Giulio Terzariol and Carsten Zielke
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Views of enterprise risk management in 2030
29 August 2019Chief risk officers who want to participate in the strategy of their organisations will need to develop their vision for the future of the ERM function. Willis Towers Watson executives share their views on how risk management might evolve
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Solvency II's biggest unintended consequences
08 August 2019In part two of a Q&A to accompany the launch of his book on Solvency II, Karel Van Hulle discusses the impact of the directive, and how the insurance sector should prepare for sustainability, Brexit and new technologies
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Setting the record straight on ICS 2.0
28 May 2019Paul Walsh speaks to Victoria Saporta, IAIS executive committee chair, to discuss the outlook for the global insurance capital standard (ICS)
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Comment: on the Solvency II matching adjustment and credit risk capital
20 May 2019Craig Turnbull argues whether the matching adjustment results in EU life insurers holding a prudent amount of capital to support the long-term credit default risk in their fixed income portfolios
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International capital standards: the US's chorus of disapproval
16 May 2019Development of the global insurance capital standard (ICS) has always been controversial. But the level of ire expressed by the US government, regulators and insurers at this week's NAIC conference was unprecedented. Sarfraz Thind reports
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German life insurers relish €4.5bn-plus saving on ZZR contributions
14 May 2019The revised methodology for calculating Germany's special interest rate reserves is saving billions for the country's life insurers. David Walker reports
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The CRO and pianist who hits all the right notes
09 May 2019Justin Skinner is chief risk officer at Vitality, the pioneering life and health insurer. He talks to Ronan McCaughey about his career, the risk management challenges associated with technology – and Queen's greatest hits
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Lloyd’s culture risks sabotaging its transformation plan
03 May 2019Lloyd’s “bold new strategy” to transform the 330-year-old insurance market by targeting efficiency and technology innovation could fall flat because of a lack of talent, the timeline for execution and the challenge of appeasing different stakeholders. Ronan McCaughey explains
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Decoding IFRS 17 from an investment perspective
30 April 2019Efforts by the International Accounting Standards Board (IASB) to clarify the definition of investment components within an insurance contract have been welcomed by some stakeholders. However, others argue a new proposal from the board could spark confusion. Cintia Cheong explains