Associations
News
IAIS Abu Dhabi: human element key to insurers' cyber resilience
Speakers at the IAIS conference today discussed how to train staff and boost cyber security
Lloyd's to merge governing bodies in 2020
Membership election process to take place in April/May
Insurance Ireland appoints Gerry Hassett as interim CEO
Hassett succeeds Kevin Thompson who will take up a senior role within the industry
Insurance guide launched to protect world heritage sites
Insurers worldwide have collaborated with the United Nations and the World Wildlife Fund
Solvency II risk margin's cost-of-capital rate "a significant error"
Craig Turnbull comments at presentation of IFoA research on risk margin
Report: Axis Capital rules out Carmichael coal mine coverage
Lloyd's chief John Neal has argued syndicates should not be directed on coal underwriting
US introduces bill to protect own interests ahead of IAIS Abu Dhabi meet
Bill to ensure US negotiators reject ICS if it doesn't recognise US system
AAE appoints Cecilia Thorn as CEO
The Swedish national replaces Ad Kok who retired in August
Solvency II proportionality rules "don't work in practice"
Insurance Europe and Amice call on European Commission to act
First US state regulator joins green supervisors' network
Network of Central Banks and Supervisors for Greening the Financial System has more than 40 members
Analysis
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
The Fed and insurance rules: an eclectic fit
The US Federal Reserve created an advisory committee last month – and Manulife’s treasurer Halina von dem Hagen is joining it. She tells Sarfraz Thind about the key issues the market might want to consider right now, including mark-to-market regulation and systemic risk
IFRS 17: what insurers dislike from the final consultation
The treatment of reinsurance accounting under IFRS 17 appears to be the most consistent complaint from re/insurers, but deciding when the standard should take effect continues to generate disagreements among stakeholders. Cintia Cheong reports
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
Hong Kong approaches transition to risk-based capital
Hong Kong’s long-awaited risk-based capital (RBC) regime is beginning to take shape ahead of its planned implementation in 2022. Paul Walsh reports on the latest developments
Insurers push for dual-rate approach to Ogden
The change in the Ogden rate prompted surprise and disappointment from insurers. Their hopes for a fairer settlement are now pinned on the next round of reforms, as Christopher Cundy and Paul Walsh report