Associations

News

AAE chief departs after six months

Cecilia Thorn joins lobby group as a special advisor

Actuaries urged to join the UK's fight against Covid-19

Covid-19 actuaries response group issues a call to arms

Ways Covid-19 could financially hit re/insurers

Update shared by Covid-19 actuaries response group

Covid-19: Business interruption cover 'only affordable with state subsidy'

The ABI responds to UK Treasury Select Committee letter

IAIS reviews priorities in response to Covid-19 crisis

Timelines for projects will be adjusted

IFoA cancels small number of exams because of Covid-19

The examinations had been scheduled for April across the world

Hong Kong insurers display social conscience amid coronavirus crisis

Experience of Sars has helped industry respond to Covid-19, says trade body head

Lloyd's to stress test resilience over Covid-19 pandemic

Underwriting room will be closed for 24 hours

NAIC launches coronavirus resource webpage

Features updates on the spread of Covid-19 and links to help decision-making

South Korean life insurers join coronavirus fightback

Samsung, MetLife and Shinhan aid efforts against the virus

Analysis

UK actuaries take another crack at equity-release mortgage valuation

Valuation of equity-release mortgages (ERMs) is one of the most controversial topics in the UK actuarial community, and the latest update from the working party only makes a small step towards resolving the debate. Christopher Cundy reports

Flood, climate, capital: NAIC president Ray Farmer's agenda for 2020

Ray Farmer is the new president of the National Association of Insurance Commissioners. In this Q&A with Sarfraz Thind, he talks about flood coverage, international regulation and how he intends to raise climate awareness

Hong Kong insurers eye Greater Bay Area opportunities

Hong Kong fancies itself as the risk management hub of the Greater Bay Area, thanks to a young but dynamic regulator and its technological knowhow. Vincent Huck reports from the Asian Insurance Forum

IAIS Abu Dhabi: compromise on global capital standard keeps process on track

Paul Walsh summarises the reaction to today’s agreements that keep the Insurance Capital Standard on track, but not without objections from Canada and questions about US comparability

The Fed and insurance rules: an eclectic fit

The US Federal Reserve created an advisory committee last month – and Manulife’s treasurer Halina von dem Hagen is joining it. She tells Sarfraz Thind about the key issues the market might want to consider right now, including mark-to-market regulation and systemic risk

IFRS 17: what insurers dislike from the final consultation

The treatment of reinsurance accounting under IFRS 17 appears to be the most consistent complaint from re/insurers, but deciding when the standard should take effect continues to generate disagreements among stakeholders. Cintia Cheong reports