US/Canada/Bermuda

News

Swiss Re assigns 30% likelihood of global trade war

Marine and credit lines would be worst affected in trade war scenario

John Hancock embraces healthtech on all life products

North American life insurer deepens partnership with Vitality to improve customer wellbeing

Axa Equitable Life promotes Sarfatti to CRO

Former head of strategy replaces Jurgen Schwering

AIR Worldwide warns of likely $4.6bn Florence insured losses

Florence was downgraded to a tropical depression earlier this week but still brought destructive flooding

Florence flood threat continues to grow

The former hurricane, now downgraded to a tropical depression, to impact US East Coast

Analysis

Finding the goal in insurtech - part one: the investors

Strategies for capitalising on new insurance technologies are as varied as the technologies themselves. In part one of this series of interviews, Cintia Cheong talks to insurtech investors about the most promising areas for tech development, and how they are making their investments

Tokio Marine overhauls risk management systems

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

IAIS gears up for a global supervisory regime

Since the International Association of Insurance Supervisors introduced the Insurance Capital Standard in 2016, the industry and some supervisors have pushed for fundamental changes in a number of areas. With a new consultation package, the IAIS aspires to square the circle. Aggelos Andreou reports

Californian commissioner warns over fire insurance risk

California is not at a crisis point yet in terms of the availability of insurance to citizens burnt out in last year's fires, but the trends are not good, Dave Jones the state's insurance commissioner says. David Walker reports

Efrag makes preliminary call on IFRS 17 issues and timeline

The EU accounting standards advisory body has acknowledged the "very challenging" implementation timelines for IFRS 17 and shared its thoughts on other potential problems with the incoming standard for insurance contracts. Cintia Cheong and Christopher Cundy report

Mapfre's Antonio Huertas: there should be one global capital regime

Mapfre's chief executive tells Cintia Cheong about the challenges and risks at the top of the Spanish insurer's agenda, including underinsurance, Solvency II and IFRS 17