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

News

US eliminates reinsurer collateral for Bermuda, Japan and Switzerland

Three countries given "reciprocal jurisdiction" status

Hong Kong's opportunities to become a risk management hub

Carrie Lam was speaking at the Asian Insurance Forum 2019

Willis Towers Watson rolls out IFRS 17 software

ResQ Financial Reporter aims to help P&C insurers implement the new insurance accounting standard

Solvency II 2020 review proposals spur proportionality concern

Irish insurance chief risk officers raised issues at a recent forum in Dublin

FSOC ratifies vote on activities-based approach to systemic risk

Move welcomed by life insurers’ association

BaFin lays down the law on Solvency II reporting

German regulator issues 90-page document spelling out requirements and warnings

Coface gets green light to use Solvency II partial internal model

Standard formula calibration changes motivated switch to an internal model

UK court approves Equitable Life transfer, dismisses Solvency II MA claim

Utmost Life & Pensions cleared to acquire Equitable’s legacy contracts

Insurance Europe calls for reform of regulatory process

The industry lobby group has urged policymakers to avoid inconsistencies in legislation

Apra imposes company-specific capital charges on disability cover

Australian watchdog stepping in fearing underwriters withdrawing

Analysis

Writing a new chapter for Equitable Life

Feryal Nadeem started her career at Equitable Life during its financial crisis. Twenty years later she is chief risk officer at the provider that will finally resolve the UK mutual insurer for policyholders, as she explains to Ronan McCaughey

Cannabis insurance: ending the bad trip

Conflicting state and federal laws, uncertain pricing and novel risks have discouraged most insurers from participating in the cannabis market so far. But as the US edges nearer to federal legalisation, this could change. Sarfraz Thind reports

Talanx RoE will be lower under IFRS 17 and 9, CFO warns

Understanding the impact of IFRS 9 and 17 is a key focus for insurers currently. German insurance group Talanx has shed light on the issue by warning its return on equity will be lower under IFRS 9 and 17. Cintia Cheong explains

Insurers get to grips with climate disclosure

It has been more than two years since the Task Force on Climate-related Financial Disclosures (TCFD) issued its recommendations to companies. Paul Walsh investigates the challenges the reporting framework has brought for insurers and what progress needs to be made

The dual challenge of implementing IFRS 17 and IFRS 9

Insurers across the world whose accounting practices are based on IFRS principles are busy preparing for the most radical shakeup for a generation. Cintia Cheong explains the basics behind those changes and how the industry is preparing

IAIS Abu Dhabi: compromise on global capital standard keeps process on track

Paul Walsh summarises the reaction to today’s agreements that keep the Insurance Capital Standard on track, but not without objections from Canada and questions about US comparability