Archive

Lapse risk and capital management strategies: rewriting the script

Mass lapse risk has returned to haunt European life insurers, prompted a rethink of the approach to risk and capital management, as Luca Tres explains in the second of this two-part series

Zurich's UK chief Tim Bailey becomes ABI president

Clare Bousfield, chief executive for retail and savings at M&G, is appointed deputy president

US federal regulator decries limited state efforts on climate

Report highlights 20 recommendations for states to follow in climate regulation

Gallagher Re: "Order restored" at mid-year reinsurance renewals following frustrating 1/1 season

But reinsurance prices climb sharply in Australia and the US

Cresta puts insured losses from Turkish-Syria earthquakes at $5bn

Cresta said the sequence of earthquakes caused the largest international insured catastrophe losses, in 2023 so far

UK passes law in a bid to prevent demutualisations

Limited bill allows firms to restrict use of assets

Global insurtech funding almost halves in H1 2023

Eurovita to be rescued by five insurers and banks

Generali Italia, Intesa Sanpaolo Vita, Poste Vita, Unipol and Allianz to run operation holding policies

Algorithm lands IAG with A$40m Federal Court fine

System limited promised renewal discounts, Court finds

Aegon to move legal home from Netherlands to Bermuda

Deal with ASR leaves Dutch giant without Dutch entities