RBC Worldwide Solvency Modernization Initiative, Risk based capital

News

US introduces bill to protect own interests ahead of IAIS Abu Dhabi meet

Bill to ensure US negotiators reject ICS if it doesn't recognise US system

Apra consults on integrating IFRS 17 into prudential framework

Australian regulator also asks insurers for AASB 17 preparation update

Three ways capital modelling is evolving

Conning’s Daniel Finn discusses the prospects for insurers’ capital and economic modelling practices

ICS 2.0 issues must be dealt with before November, says Insurance Europe

The European trade body has called for the ICS framework to be stabilised

Korean non-life insurers may reduce offering of long-term products under IFRS 17

Non-life firms also in better position to handle K-ICS, says AM Best

China becomes AIA's fastest growing market

AIA's CEO also condemns violence from Hong Kong protests

First five years of ICS will be for observation, not prescription

IAIS says International Capital Standard is not a capital-raising exercise, but questions remain

China extends preferential treatment to Hong Kong reinsurers

Deal helps position Hong Kong as a risk management centre, says Insurance Authority

NAIC reiterates anti-ICS position

Cioppa defends US insurance regulatory system against untested Solvency II

Analysis

What's on the horizon for Bermuda's re/insurance market

Deloitte’s Gokul Sudarsana talks to Christopher Cundy about his thoughts on some of the trends and challenges that face Bermuda's insurance market

Hong Kong approaches transition to risk-based capital

Hong Kong’s long-awaited risk-based capital (RBC) regime is beginning to take shape ahead of its planned implementation in 2022. Paul Walsh reports on the latest developments

Why South Korea leads the way on IFRS 17

South Korea has pioneered the adoption of the new accounting standard for insurance contracts, as well as coping with preparations for a new capital standard at the same time. Martin Sarjeant explains how

International capital standards: the US's chorus of disapproval

Development of the global insurance capital standard (ICS) has always been controversial. But the level of ire expressed by the US government, regulators and insurers at this week's NAIC conference was unprecedented. Sarfraz Thind reports

Eric Cioppa, the regulator's regulator

Maine's superintendent of insurance has taken on the mantle of NAIC president for 2019. He talks to Sarfraz Thind about regulatory priorities and how he will marshal the 50 states to reach a common view

Ten years old today

Peter Field reflects on a decade of publishing a title that has its roots in Solvency II but has broadened its coverage to all aspects of risk management in insurance companies worldwide