Archive

  • Capital models: run, review, repeat

    15 January 2019

    Recent surveys by consultancies Willis Towers Watson and PwC have revealed how UK life insurers have revised their approach to capital modelling. Christopher Cundy reports on some of the highlights

  • Eric Cioppa, the regulator's regulator

    10 January 2019

    Maine's superintendent of insurance has taken on the mantle of NAIC president for 2019. He talks to Sarfraz Thind about regulatory priorities and how he will marshal the 50 states to reach a common view

  • Candace Woods: engineering financial wellness

    06 November 2018

    Prudential Financial's chief actuary talks to Christopher Cundy about her role in improving diversity, reforming its actuarial team and the regulatory challenges facing the insurer.

  • Climate risk management: the heat is on

    01 November 2018

    Managing financial risks from climate change is becoming an important issue for insurers. Ronan McCaughey speaks to firms about the tools they use to gauge climate risk - and how they plan to deal with this major global challenge

  • InsuranceERM's Technology Guide 2018-19 is now live

    09 October 2018

    Christopher Cundy introduces this year's guide to risk, capital and asset management software

  • Tokio Marine overhauls risk management systems

    06 September 2018

    The Japanese insurance group has upgraded its risk management processes to eliminate manual interventions and deliver an enhanced view of group risk. Christopher Cundy reports

  • Capital modelling: building a better correlations matrix

    09 August 2018

    Correlation matrices have a major influence on how internal models allocate capital, but conventional processes sometimes struggle to make sense from a business perspective. Colin Kerley suggests an alternative approach

  • How to implement an effective and compliant model validation process

    12 June 2018

    Ashish Kwatra and Jennifer (Kang) Khaleghy continue to share their experiences around successful internal model approval programmes with a focus on independent model validation – an area closely scrutinised by the regulator

  • The thinking behind Milliman's Mind

    15 May 2018

    Milliman launched its Mind solution for actuarial modelling at the start of this year. Christopher Cundy talks to the lead developer and one of the first users of the innovative solution that bridges the gap to the actuary's favourite tool, Excel

  • Model risk management - why should we care?

    17 April 2018

    There are clear benefits to insurers from taking a holistic approach to managing model risk, says Phil Whittingham