Associations
News
UK insurers make marginal progress on gender balance at board level
CROs give their views on what's needed to achieve diversity
Insurers improve climate response but need to look outwards, ClimateWise finds
Annual report on industry's climate change efforts shows good progress
Disciplinary charges against IFoA critics dismissed
Disciplinary Tribunal Panel drops second case after IFoA withdraws action
IFoA brings disciplinary action against two of its biggest critics
But first case is dismissed by a tribunal panel
German insurers' legal costs in diesel scandal near $1bn
GDV expects further cases as plaintiffs target more vehicle manufacturers
Covid-19 drives £4.4bn in savings for UK motor insurers
ABI said motor claims have fallen this year, but stressed underlying cost pressures remain
British insurers prolong Covid-19 support until March 2021
Industry has paid out more than £1.8bn in coronavirus-related claims
NAIC elects Dean Cameron as 2022 president
Cameron spoke at virtual conference as he has contracted Covid-19
US insurers and lawyers tussle over best pandemic insurance solution
Federal Advisory Committee on Insurance hears four-way fight over pandemic risk methodology
Lloyd's sets record straight on its coal policy
Insure Our Future had slammed Lloyd's for not doing enough
Analysis
Bank of England ignites the debate on UK-EU Solvency II equivalence
The EU is in no rush to grant the UK reciprocal equivalence on Solvency II and has stirred anger by saying it wants to see how far the UK diverges before giving the green light. Paul Walsh assesses the state of play and whether there is any potential for a future agreement
Is address-level pricing causing or solving natcat protection gaps?
Consumers in high-risk districts are facing unaffordable premiums for property cover - a situation that some blame on insurers' increasingly detailed pricing methods. But insurers argue that address-level pricing allows them to close protection gaps. David Walker reports
Insurance protection gaps: getting over the blame game
Politicians and civil society tend to blame insurers for widening protection gaps. But insurers say governments and regulators must share responsibility. So what can be done to solve what all regard as a growing problem? Christopher Cundy reports from Eiopa's 10th anniversary conference
Lawyer says he has "smoking gun" in US business interruption case
John Houghtaling, who is handling $3bn in claims on behalf of small businesses forced to close by Covid-19, believes his case will be a watershed for the US BI saga. Sarfraz Thind reports
Germany's interest rate reserve gets bigger - and better
German life insurers paid more into the Zinszusatzreserve again in 2020, despite the new "corridor method" of calculation that intended to unburden the sector. Industry leaders tell David Walker the ZZR remains fit for purpose nonetheless
The politics of pandemics
Combatting the next pandemic will take a lot more than vaccines, according to Frank Schiller, a board member of Germany's actuarial association. To cover the risk, insurers will need a deft understanding and the ability to work closely with the political world, as Schiller explains to David Walker