RBC Worldwide Solvency Modernization Initiative, Risk based capital
News
Prudential's Asian sales drop 28% on HK border closure
Transition to new group solvency regime set for Q2
Hong Kong insurers seek changes to matching adjustment proposals
Eligibility rules more complicated than Solvency II's MA, say investment chiefs
Free webinar: risk-based capital framework compliance challenges for Asian insurers
Register now for webinar taking place on 2 February
Hong Kong insurers face Orsa overload
Own risk and solvency assessments introduced ahead of RBC regime
Free webinar: Asian CROs discuss regulatory change and market trends
Experts share experiences and best practice at 19 January webinar
Aegon plans internal model update for NL Life unit
Dutch insurer reveals ambitious business plan in capital markets presentation
Australia begins major review of Lagic capital standard
Capital and reporting standards need alignment before Australia's IFRS 17 takes effect
New Zealand reviews insurance solvency standards
RBNZ also relaunches Insurance Act review
Canadian regulator sets expectations on IFRS 17 and 9 implementation
Osfi also updates timeframe for revisions to insurers' capital tests
Hong Kong proposes group capital rules for multinationals
The consultation runs until 30 September
Analysis
ICS capital calculations: onerous, uncertain, but growing in relevance
The global Insurance Capital Standard (ICS) requires yet more modelling work for insurers and some of its rules for calculating capital are vague. It's currently a low priority for insurers and investors, but UK firms in particular should watch closely. Christopher Cundy reports
The key decisions in Samsung Life's journey to IFRS 17 implementation
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Samsung Life's Jeong Hyeok Park and Deloitte Korea's Byoung Shin tell Cintia Cheong how the insurer is implementing the new accounting regime and what they make of the recent amendments to the standard
HKFI's Selina Lau: Covid-19 is a golden opportunity to educate the public
Selina Lau's first month as chief executive of the Hong Kong Federation of Insurers has been nothing if not busy. From the coronavirus to the opportunities of the Greater Bay Area initiative, while handling IFRS 17 and forthcoming risk-based capital rules, there is never a dull moment, she tells David Walker
AAIC's ERM journey: inspired by Europe
AAIC's CRO Lorie Graham started the company's ERM programme in 2008 at a time when the US reinsurance sector had few models to look at. So she took her inspiration from the Europeans, she tells Sarfraz Thind
Eiopa hits back at the French ICS revolution
Some prominent French re/insurers don't want the Insurance Capital Standard in its current form, angering EU and US negotiators alike. Eiopa looks determined to carry on regardless. The IAIS is treading carefully. It is a fraught situation and some practitioners believe the standard could even collapse under its own weight, as Sarfraz Thind 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