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Associations
News
German actuaries warn of elevated mortality as climate change emerges
Heat stress more likely as global climate warms, says DAV
Charles Cowling named IAA president-elect
He will take up the year-long presidency on 1 January 2024
Better data could liberate life underwriting for mental health conditions
Opportunities exist for improved risk assessment and dynamic underwriting, say actuaries
US and European insurers criticise draft ICS-AM comparability plans
APCIA says IAIS plans for global capital standard are not viable
One year after storm Bernd, German insurers count up bill
Insurers paid €5bn of total €8.5bn bill so far
Australia's IAG joins Net-Zero Insurance Alliance
Announces partnership with First Nations group generating carbon credits
Widening spreads hit UK motor insurers' solvency ratios
Investment bank Jefferies says market dynamics are impeding UK motor insurers
IAIS issues consultation on ICS-Aggregation Method comparability criteria
Progress on global capital standards, but still no resolution likely for next two years
US reiterates its opposition to ICS
IAIS meeting in Croatia starts today with international rule causing continued discord
Ukraine's insurers urge regulatory "Marshall plan" to survive war
Proposals include IFRS 17 delay and softening regulatory requirements
Extinction Rebellion forces Lloyd's to shut HQ
Over 60 activists used superglue, chains and bike locks to block entrances
US P&C actuaries target racial bias in insurance pricing
Casualty Actuarial Society outlines lessons learned from other financial sectors
Analysis
Championing the UK Black Actuaries Network
The key people behind the launch of the UK Black Actuaries Network - Chika Aghadiuno and Mudi Ugono - tell Ronan McCaughey about the aims and aspirations for the initiative and why it is so crucial
IAIS 2022: bringing the party back to insurance
June's meeting of international regulators was a sunny affair in an idyllic setting. Even the ever-lurking shadow of the ICS couldn't spoil the party after two years of isolation. Sarfraz Thind reports
Insurers feeling hamstrung as protection gaps widen
Current global events and left-field risks are contributing to widening protection gaps and insurers may be restricted in their attempts to reduce them. Paul Walsh reports
A new standard for liability risk data
Open data standards for risk modelling are helping improve the efficiency and value of risk management in the insurance sector, Today, a new standard for liability risks is being launched, as Dickie Whitaker explains
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