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US/Canada/Bermuda

Analysis

IAIS faces fresh debate on systemic risk – and clash on capital standard

The International Association of Insurance Supervisors meeting in Kuala Lumpur this week comes amid a renewed debate about systemic risk in insurers and big questions about the deadlines for developing a global capital standard. Christopher Cundy reports

Innovative risk modelling key to tackling emerging technology risks

The World Economic Forum has called for urgent innovation in risk modelling and said rapid global collaboration is crucial to dealing with the risks from new technology. David Walker reports

Insurers under fire for underwriting coal industry

Divesting from coal companies while continuing to underwrite them is a 'blind spot' of insurers' climate policies, according to campaigners. Cintia Cheong investigates what four insurers are doing about it

Political instability and what it means for risk management

The prevailing political environment has a significant impact on how re/insurers operate, so risk managers should respond to this current period of instability and uncertainty with new approaches, says Frieder Knüpling

IAIS's Kawai: "a financial crisis is triggered and spread because of entities"

The International Association of Insurance Supervisors is developing a cross-sectoral, activities-based approach to systemic risk identification. Although some insurers are hoping this will eventually replace entities-based designation, Yoshihiro Kawai stresses that this will not be the case. He spoke to Callum Tanner at the NAIC conference in Washington, DC on 15 May

Insights into an evolving ERM process

Janice Englesbe explains how Gen Re has changed its approach to enterprise risk management following the completion of its first ORSA in 2015