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News

AAE chief departs after six months

Cecilia Thorn joins lobby group as a special advisor

Axa to provide €27m and 2m masks in Covid-19 battle

French insurer rolls out initiatives in response to the health, economic and social emergency

Actuaries urged to join the UK's fight against Covid-19

Covid-19 actuaries response group issues a call to arms

Ways Covid-19 could financially hit re/insurers

Update shared by Covid-19 actuaries response group

Covid-19: Business interruption cover 'only affordable with state subsidy'

The ABI responds to UK Treasury Select Committee letter

Insurers rally in Covid-19 response

Examples of positive action from US, Bermudian and UK insurers

IFoA cancels small number of exams because of Covid-19

The examinations had been scheduled for April across the world

Allianz Group names Aylin Somersan Coqui as CRO successor to Tom Wilson

She is currently a member of Allianz Germany's board of management

InsuranceERM Americas Awards 2020 - entries are now open!

Deadline for entry into 26 categories is 3 April

Allianz CRO Tom Wilson to lead insurer's Thai business

He will leave his global risk role for the new challenge at Allianz

Analysis

Actuarial recruitment: a pause for the pandemic

Cintia Cheong reports on the how the actuarial job market in the UK is faring amid the coronavirus pandemic, the IR35 tax changes and the implementation of IFRS 17

IFRS 17 in the UAE: the real issue is lack of expertise

Oscar Kitasoboka, chief actuary at the UAE Insurance Authority, talks to Cintia Cheong about the IFRS 17 challenges facing the country's insurers in comparison to other regions

Chubb's Barney Wanstall: creating the 'end-to-end' IFRS 17 solution

One of the biggest challenges for insurers implementing the IFRS 17 accounting standard is creating a seamless and robust system that takes in all the relevant information and produces the required numbers, as Chubb's head of IFRS 17 implementation in 25 countries explains to Cintia Cheong

AAIC's ERM journey: inspired by Europe

AAIC's CRO Lorie Graham started the company's ERM programme in 2008 at a time when the US reinsurance sector had few models to look at. So she took her inspiration from the Europeans, she tells Sarfraz Thind

IFRS 17 implementation requires "extreme flexibility"

Cristina Colozza, IFRS 17 disclosure and methodology central lead at Zurich, tells Cintia Cheong about the firm's IFRS 17 implementation status and the importance of its financial impact assessment

"The costs of IFRS 17 are likely to outweigh the benefits"

Tony O'Riordan, chief financial officer of New Ireland Assurance, tells Ronan McCaughey how the company is implementing the new accounting standard, about the complexity it creates and why it will not solve any major issues for the company