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

News

BaFin raises supervision challenges of capital modelling with AI

Question raised whether to supervise data providers

Internal auditors should consider five areas in IFRS 17 projects

Deloitte advises on internal audit process of adopting IFRS 17

FCA gets tough on climate change disclosures

UK watchdog will consult on new rules in 2020

Traditional insurance approaches "fail" on cyber risk

Milliman reviews the findings of a recent Eiopa cyber risk re/insurance study

Falco Valkenburg to chair AAE for 2020

Dutch national to focus on low interest rate environment, climate change and regulations

RNA Analytics completes IFRS 17 project for Orange Life

The software provider used its R³S offering for the South Korean insurer

UK view on US insurance price rise for vapers

It comes amid health concerns about vaping, which involves the use of e-cigarettes

Denmark's Gefion gets €6m capital boost

The need to increase Gefion’s capital position became apparent after regulatory intervention

Eiopa launches field test for revised Solvency II reporting

The field test forms part of the Solvency II 2020 review

Dual-pricing crackdown could hit UK insurers' profits

Rating agencies note the potential negative effects from regulatory action

Analysis

Eiopa proposes extensive reforms for Solvency II 2020 review

Over 878 pages, the European Insurance and Occupational Pensions Authority has put forward dozens of important reforms to the EU’s solvency regime. Christopher Cundy summarises the main issues and shares his opinion on the potential impacts

The technology trends in risk and capital management

As re/insurers look to implement IFRS 17, manage cyber risk and drive modelling efficiencies, software vendors are gearing up to respond. Cloud and process automation solutions also figure highly in this year's InsuranceERM Technology Guide, introduced by Ronan McCaughey

Insurance ERM Americas: Predictive analytics, AI and the risk function

Forget the hype. Insurers see the real promise for predictive analytics and artificial intelligence in helping them sharpen their business priorities and spot risks faster. Ronan McCaughey reports from last month’s Insurance ERM Americas conference.

What's on the horizon for Bermuda's re/insurance market

Deloitte’s Gokul Sudarsana talks to Christopher Cundy about his thoughts on some of the trends and challenges that face Bermuda's insurance market

Scor's Frieder Knüpling: everything starts with the risk function

The chief risk officer of Scor tells Cintia Cheong how the risk function has helped the company deliver its strategic plan and how the French reinsurer plans to implement IFRS 17

IFRS 17: on the verge of another delay?

Important EU stakeholders are calling for the insurance contracts accounting standard to be delayed once more. Cintia Cheong reports