Associations

Analysis

US flood insurance: bridging the political chasm

Hurricanes Michael and Florence have again drawn attention to the issue of underinsurance of flood risk in the US. The industry says regulators are stymieing the market, and reforms are stuck in a political logjam. InsuranceERM's US editor Sarfraz Thind reports

IAIS gears up for a global supervisory regime

Since the International Association of Insurance Supervisors introduced the Insurance Capital Standard in 2016, the industry and some supervisors have pushed for fundamental changes in a number of areas. With a new consultation package, the IAIS aspires to square the circle. Aggelos Andreou reports

EU supervisors insist Solvency II risk margin "is not an issue"

Insurers’ calls for a recalibration of the risk margin are being ignored by Eiopa and national supervisors, as evidenced at Insurance Europe's conference in Brussels last week. Aggelos Andreou reports

German actuaries tell Eiopa: "Stick to your remit"

DAV vice-president Guido Bader talks to David Walker about how the country's actuaries are concerned by Eiopa's new ideas for Solvency II – and the lack of testing around them

Mapfre's Antonio Huertas: there should be one global capital regime

Mapfre's chief executive tells Cintia Cheong about the challenges and risks at the top of the Spanish insurer's agenda, including underinsurance, Solvency II and IFRS 17

SFCRs: "We're not sure any policyholders read them"

Insurers say their solvency and financial condition reports (SFCRs) are barely read by customers, so how should they evolve to better suit their audience? Christopher Cundy reports on this and other views and experiences with the public Solvency II document