Associations

News

Revise scope for IFRS 17 and 9 mismatch fix, say European insurers

Insurance Europe also asks IASB to clarify disclosure requirements

Prioritise IFRS 17 and 9, European insurers tell IASB

Insurance Europe responds to IASB's five-year plan

Lloyd's Patrick Tiernan: we can insure carbon-intensive industries, with provisos

"Socially irresponsible" to walk away from countries dependent on fossil fuels

Fundamental change needed to address geopolitical risk gap

Modelling for geopolitical risk needs to improve, says Cambridge University's Andrew Coburn

Irish insurers highlight their green credentials

Insurance Ireland responds to UN IPCC climate study and Irish climate status report

Insurers warned Eiopa's Solvency II reporting proposals could hike costs

Insurance Europe flags the concern based on its preliminary analysis

New Zealand proposes additional solvency capital buffer

Interim insurance solvency standard to take effect in 2022 to reflect IFRS 17

Canadian actuaries to use Fiera Capital for IFRS 17 discount rates

CIA expands partnership with asset manager that also produces discount rate curves for pensions

CROs likely to become risk and sustainability officers

ROSF panellists discuss different approaches to sustainability strategies

Shareholders' association slams UK's IFRS 17 discount rate paper

UK Endorsement Board due to debate topic on 20 July

Analysis

CyberAcuView's Mark Camillo: cyber data collection first, policy influence next

Major insurers are backing CyberAcuView's efforts to collect cyber claims data and act as a focal point for the industry's engagements with law enforcement, regulators and law makers. Paul Walsh talks to its chief executive Mark Camillo

Covid-19 and technology challenge the three lines model

The "three lines of defence" model has pervaded insurers' approach to risk management, but how is it standing up to a rapidly changing environment? Cintia Cheong talks to the authors of a major CRO Forum report, and other experts, to find out

Can governments make a smooth exit from trade credit markets?

Credit and suretyship insurers received significant public support during the pandemic, but participants are now questioning how much longer it should continue, as ICISA chief Richard Wulff explains to David Walker

How insurance contracts can help the transition to net-zero

The Chancery Lane Project is launching an initiative to redesign insurance contracts so they can help combat climate change - and you can get involved. Christopher Cundy reports

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