Solvency II ORSA, QIS5, IMAP, Omnibus II, EIOPA

News

RGA to acquire Generali's €680m UK annuity portfolio

Deal expected to boost capital and allow Generali to focus on core business

IFRS 17 threatens business models and comparability

But new accounting standard is a step in the right direction, say experts

Insurers must 'strengthen their efforts' on sustainability issues

Panellists at the Insurance Europe conference highlight insurers’ double roles on sustainability

Eiopa cuts UFR for 2020

Authority cuts applicable rate to 3.75% for euro

European insurers spell out desires for 2020 Solvency II review

Risk management and governance is seen the biggest improvement from Solvency II

German insurers forecast to consolidate closed-book business

Moody’s says low interest rates means life insurers have incentives to consolidate

UK regulator proposes simplifications to Solvency II TMTP calculation

Simplified methods could be introduced by year-end

Gibraltar insurer files for insolvency

Parent company unable to secure additional funding

IFRS 17 will expose insurers' weak balance sheets in some jurisdictions

But Moody's says IFRS 17 is unlikely to alter its view of insurers' credit ratings

UK insurers reveal priorities in Solvency II review

Pensions superfunds and cyber risk also highlighted among regulatory concerns

Analysis

Comment: on the Solvency II matching adjustment and credit risk capital

Craig Turnbull argues whether the matching adjustment results in EU life insurers holding a prudent amount of capital to support the long-term credit default risk in their fixed income portfolios

The CRO and pianist who hits all the right notes

Justin Skinner is chief risk officer at Vitality, the pioneering life and health insurer. He talks to Ronan McCaughey about his career, the risk management challenges associated with technology – and Queen's greatest hits

"The Solvency II review is a Herculean task for regulators"

Talanx's chief risk officer Gerhard Stahl talks to David Walker about the 2020 review of Solvency II, how to improve risk reporting, and the story behind ESG integration

Actuarial recruitment: IFRS 17 delay pauses contractor demand

Insurance actuaries remain in demand for traditional tasks as well as a growing range of non-traditional jobs. But recruitment consultants are still waiting to see an IFRS 17-related surge, as Cintia Cheong reports

Learning the lessons from internal model change

Defining and implementing changes to internal models has challenged insurers, but a new industry report sheds some light on the best approaches to managing the process. Christopher Cundy reports

IFRS 17 Conference: what have we learned?

The upcoming accounting standard for insurance contracts poses several challenges to the industry ranging from skills shortages to stakeholder engagement. On 27 February, experts convened at InsuranceERM's IFRS 17 Conference in London to discuss their approach to successful implementation. Cintia Cheong summarises the findings