Associations
News
Abir elects Hamilton Insurance CEO Pina Albo as deputy chair
Convex Group has also joined the Bermuda re/insurance association
UK insurers shocked by change to Ogden rate
Personal injury discount rate raised to just -0.25%
CRO Forum picks second vice-chair
Allegra van Hövell-Patrizi replaces Jan-Hendrik Erasmus who became Forum chair in May
Jon Dye named chair of ABI
His appointment follows the sudden resignation of Amanda Blanc last week
Canada's reinsurance proposals could triple capital requirements
GFIA warns of "enormous unintended consequences" from regulatory reforms
Tax warning for insurers in Ireland
Insurers told to reduce their premiums if personal injury awards are cut
IFoA denies chief's departure is linked to racism ruling
Derek Cribb to leave at the end of 2019 after a decade at helm of UK actuarial body
Insurers gain little in ComFrame consultation response
IAIS does not yield to claims of prescriptive and burdensome framework for international insurers
Geneva Association adds Chinese execs to board
Four new members are all prominent insurance leaders
Institute and Faculty of Actuaries found guilty of race discrimination
British actuarial students were disadvantaged compared to Indian students, tribunal finds
Analysis
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
"The mummy track or the director track?"
Steps to increase equality and diversity in the financial services industry are under way, but as witnesses at a recent UK parliamentary meeting observed, there is still much to be done. Paul Walsh reports
NAIC forum: technology, data science and Brexit
The NAIC's international meeting this month proved a lively affair. Beyond the regulatory dissection, participants had a lot to say on issues ranging from technology to Brexit. Sarfraz Thind reports
Setting the record straight on ICS 2.0
Paul Walsh speaks to Victoria Saporta, IAIS executive committee chair, to discuss the outlook for the global insurance capital standard (ICS)
GDPR - 365 days later
Insurers were vocal about the challenges they faced from the EU's General Data Protection Regulation's (GDPR) implementation last May. Ahead of its one year anniversary, Paul Walsh considers the lessons learned, the ongoing challenges and what the future holds
Top technology tools for actuaries
The actuarial world may sometimes be perceived as a stolid profession, but the development and integration of new technologies means the sector is moving apace. A survey by the US Society of Actuaries highlights the key technology trends in the business. Sarfraz Thind explains