Regulation Solvency II, Risk-based capital, Accounting/Tax

News

Revise scope for IFRS 17 and 9 mismatch fix, say European insurers

Insurance Europe also asks IASB to clarify disclosure requirements

European Commission to mandate climate scenario analysis in Solvency II

Leaked plans reveal review of sustainable asset charges due in 2023

Prioritise IFRS 17 and 9, European insurers tell IASB

Insurance Europe responds to IASB's five-year plan

Hungarian court backs veto on M&A between VIG and Aegon

VIG plans to appeal the latest ruling

Brits brand the EU's IFRS 17 annual cohorts proposal "very negative"

UK's accounting experts give preliminary views on IFRS 17 endorsement

Willis Towers Watson unveils eight-step climate action plan for insurers

The broker, and asset manager Wellington, have produced a climate risk guide for the sector

Find out about the US stance on the ICS regime

All will be explained at InsuranceERM's Americas virtual conference on 22-23 of September

UK delays IFRS 17 endorsement

UKEB was due to publish its final endorsement decision in February 2022

EU insurers fall agonisingly short of pre-pandemic solvency at Q1 2021

Italian insurers stand out at 22 percentage points above Q4 2019 levels

Generali announces takeover bid for Cattolica

Generali already owns 24% of its smaller Italian peer

Analysis

Dive In 2021: regulators spur action on diversity and inclusion

As the annual Dive In Festival, designed to promote diversity and inclusion in the insurance sector, gets underway, Paul Walsh finds financial regulators are adding their weight to the agenda

Maurice Perkins: Transamerica's transatlantic negotiator

Transamerica's global head of government and policy affairs talks to Sarfraz Thind about US and international insurance regulation, Biden's tax reforms and the cultural differences that keep his job interesting

Saudi Arabia embraces IFRS 17 for insurance transformation

IFRS 17 in Saudi Arabia is a story of right time, right place - and the Middle East's largest economy is powering ahead to ensure the standard can transform the country's insurance sector. Ronan McCaughey explains

Talcott Resolution's Chris Abreu: handpicking the way to successful risk management

Paul Walsh talks to chief risk officer Chris Abreu to discuss the US life insurer's separation from The Hartford, the influx of private equity capital and the impact of Covid-19 on risk management

Whiplash reform raises data and fraud risks

The UK's new protocol for dealing with soft tissue injury claims arising from vehicle collisions has been operating for just over two months. Shyam Bhatt warns insurers of two emerging challenges to their data management processes

The US Climate Survey: good, bad and ugly

US insurers' efforts to understand and mitigate climate risks is difficult to discern, but the NYDFS and InsuranceERM have dug into the NAIC's annual survey to find patchy progress and some surprising opinions. Sarfraz Thind and David Walker report