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