Accounting/tax IFRS

Analysis

The thinking behind Milliman's Mind

Milliman launched its Mind solution for actuarial modelling at the start of this year. Christopher Cundy talks to the lead developer and one of the first users of the innovative solution that bridges the gap to the actuary's favourite tool, Excel

The challenge of constructing IFRS 17 discount rates

Nick Jessop discusses the permitted approaches for constructing insurance contract discount rates under the IFRS 17.

Risk and actuarial recruitment: boom time again

Wages in actuarial and risk management roles are going up, in large part because of the opportunities created by IFRS 17, the new insurance contracts accounting standard. Cintia Cheong reports

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

NN's Jan-Hendrik Erasmus: "the key issue is how to embrace technology"

NN Group's chief risk officer discusses with David Walker how the Dutch insurer is positioned for M&A, why Solvency II does not need to change, longevity risk hedging and today's technology and cyber challenges

The rise and fall of valuation methodologies

The arrival of Solvency II and revised guidance on embedded value methodologies has led to changes in the financial metrics that European insurers report – and not all of them are welcome. David Walker reports