Associations

News

Insurtech weekly: Corvus, Tarian, Lloyd's, Duck Creek, Adiona

InsuranceERM rounds up the latest news and deals from the world of insurance technology

Rising wave of mental health conditions likely to impact insurers

CRO Forum paper discusses the possible burdens on the insurance sector

Scor proposes EU-wide pandemic risk pool for trade credit insurance

French reinsurer reflects on evolution of risk during Covid-19

Bermuda Monetary Authority's concern over third-party cyber risk

BMA study examined operational cyber risk management

Actuarial profession called out over lack of diversity

An influential expert at US insurer Lincoln Financial Group shares his thoughts

UK will lag behind EU unless Solvency II reform gets radical

The ABI's outgoing Huw Evans, shared his thoughts on Brexit, Solvency II and green investment

IAIS identifies low yields and private equity ownership as macroprudential themes

Credit risk and cyber risk also identified in Global Insurance Market Report

Net-zero underwriting: "it's about not running away"

Re/insurers signal the end of exclusions to deal with carbon emissions

UK insurers welcome government's tax treatment of IFRS 17

A consultation on the issue will follow

Beazley launches ESG syndicate at Lloyd's

Syndicate 4321 aims to start underwriting from January 2022

Australian insurers win second business interruption test case

A Federal Court found in favour of insurers in eight of the nine issues examined

Economic losses from nat cats could double for Australian insurers by 2060

Deloitte Access Economics examines the impact of climate change-related disasters on Australia

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

Analysis

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

Commission's Solvency II proposals "are not gifts" for insurers

Insurance Europe's Olav Jones tells Christopher Cundy about European insurers' hopes and fears on plans to reform the directive

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