Associations
News
UK government inspects price comparison site over home insurance pricing
Competition and Markets Authority suspects insurers forced to sell at lower prices than they would on other outlets
Caribbean insurers face up to $85bn losses from Maria, AIR estimates
Puerto Rico absorbs more than 85% of the loss
Lloyd's hires catastrophe risk expert from Scor
Kirsten Mitchell-Wallace succeeds David Clouston
Bermuda's Premier to open Insurance Risk & Capital conference
Inaugural event for Bermudian risk professionals takes place on 20 October
German insurers call for closer analysis of Eiopa's internal model role
Trade body GDV also warns against weakening Eiopa’s current funding arrangements
XL Group picks Dublin as EU base
MPs request solution for cross-border insurance contracts written before Brexit
UK government proposes higher Ogden rate
IFoA to look at relationship with AAE amid Brexit
Standardisation of Solvency II deferred tax "unnecessary", says Insurance Europe
ABI slams PRA for adding more Solvency II reporting requirements
Australian inquiry advocates law changes to improve transparency in insurance
Analysis
BaFin pulls no punches in explaining Orsa shortcomings
Germany's regulator has said insurers must improve virtually all aspects of their Orsa reporting for 2018. David Walker reports
Insurers under fire for underwriting coal industry
Divesting from coal companies while continuing to underwrite them is a 'blind spot' of insurers' climate policies, according to campaigners. Cintia Cheong investigates what four insurers are doing about it
Gen Re's Jules Constantinou: technology can make insurance more meaningful
Jules Constantinou, regional manager for life and health at GenRe UK and Ireland, and president-elect of the Institute and Faculty of Actuaries, vows to make insurance more meaningful to society. He tells Cintia Cheong how technology can help achieve that
The ongoing ordeal of Ogden
The change to UK's damages discount rate came as a huge surprise to many insurers. But this is far from being a one-off shock. Christopher Cundy reports
Yes, no, maybe: the PRA responds to industry's Solvency II reform agenda
The UK regulator has made a point-by-point reply to the Association of British Insurers' agenda for Solvency II reforms and confirmed its priority to review the reporting requirements. Christopher Cundy reports
Insurers split on recovery and resolution planning
As the IAIS looks to develop a market-wide approach to systemic risk, Eiopa is developing rules that will require recovery and resolution plans from all insurers regardless of their size. This broader approach to systemic risk has split industry opinion and pitted large firms against small. Callum Tanner reports
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Market Insight
IFRS 17 and the challenges ahead
The new insurance contracts accounting standard brings a dramatic shift in accounting and actuarial practices, and insurers should be prepared for implementation challenges, as Kamran Foroughi explains
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Market Insight
High velocity risk management
A rapidly changing world produces rapidly emerging risks that can flummox even the most comprehensive of risk management frameworks. Neil Cantle proposes an approach to improving how insurers respond to today's threats...