Associations

News

German actuaries warn of elevated mortality as climate change emerges

Heat stress more likely as global climate warms, says DAV

Charles Cowling named IAA president-elect

He will take up the year-long presidency on 1 January 2024

Better data could liberate life underwriting for mental health conditions

Opportunities exist for improved risk assessment and dynamic underwriting, say actuaries

US and European insurers criticise draft ICS-AM comparability plans

APCIA says IAIS plans for global capital standard are not viable

One year after storm Bernd, German insurers count up bill

Insurers paid €5bn of total €8.5bn bill so far

Australia's IAG joins Net-Zero Insurance Alliance

Announces partnership with First Nations group generating carbon credits

Widening spreads hit UK motor insurers' solvency ratios

Investment bank Jefferies says market dynamics are impeding UK motor insurers

IAIS issues consultation on ICS-Aggregation Method comparability criteria

Progress on global capital standards, but still no resolution likely for next two years

US reiterates its opposition to ICS

IAIS meeting in Croatia starts today with international rule causing continued discord

Ukraine's insurers urge regulatory "Marshall plan" to survive war

Proposals include IFRS 17 delay and softening regulatory requirements

Extinction Rebellion forces Lloyd's to shut HQ

Over 60 activists used superglue, chains and bike locks to block entrances

US P&C actuaries target racial bias in insurance pricing

Casualty Actuarial Society outlines lessons learned from other financial sectors

Analysis

Championing the UK Black Actuaries Network

The key people behind the launch of the UK Black Actuaries Network - Chika Aghadiuno and Mudi Ugono - tell Ronan McCaughey about the aims and aspirations for the initiative and why it is so crucial

IAIS 2022: bringing the party back to insurance

June's meeting of international regulators was a sunny affair in an idyllic setting. Even the ever-lurking shadow of the ICS couldn't spoil the party after two years of isolation. Sarfraz Thind reports

Insurers feeling hamstrung as protection gaps widen

Current global events and left-field risks are contributing to widening protection gaps and insurers may be restricted in their attempts to reduce them. Paul Walsh reports

A new standard for liability risk data

Open data standards for risk modelling are helping improve the efficiency and value of risk management in the insurance sector, Today, a new standard for liability risks is being launched, as Dickie Whitaker explains

The FIO's climate letters reveal burning desires

The Federal Insurance Office (FIO) has published a raft of comment letters after its request for information on climate regulation. Could this be the tinder to spark new rules? Sarfraz Thind reports

Facilitating the transition

Don Forgeron, president of the Global Federation of Insurance Associations, discusses what role the insurance sector can play in global efforts to mitigate and adapt to climate change