Risk Risk Management, Models, Catastrophe Risk, Longevity, Mortality

News

France outlines plan for pandemic risk pool

Companies would be covered against lockdown by a resilience lump-sum

Lloyd's heads into 2021 with 11% more capital

Majority of increase stems from growth in new business and Covid-19 reserve risk

Be awarded for your "particular set of skills" by InsuranceERM in 2021

Deadline for submissions is Friday 11 December

Canada reviews capital rules for segregated fund risk

Draft approach to be presented to insurers in December

Hong Kong regulator warns non-life insurers over board reporting

There should not be any illusion prevailing risks will improve, HKIA warns

What do risk modellers and Clint Eastwood have in common?

More than you might think, say panellists at Insurance Risk & Capital EMEA 2020

Regulation and data are biggest IFRS 17 challenges for East African insurers

Though more than half are confident they will meet IFRS 17 deadline

Apra plans cyber audits for Australia's insurers

Regulator concerned that boards are not informed about cyber risk

Over half of US insurers lack climate change policy

Survey shows consistent gaps in climate change work by US insurance industry

InsuranceERM UK & Europe 2021 awards open for entries!

Deadline for submissions is Friday 11 December

Analysis

The 2020 Atlantic hurricane season: breaking unexpected records

This year will be remembered for the having the largest number of tropical storms, but it has been a relatively lucky season without serious losses. For insurers and risk modellers, the long-term impact may be the advances in technology forced upon them by the pandemic, as Paul Walsh reports

What digital transformation means for CROs

Some chief risk officers are keen to embrace the opportunities offered by digital transformation, while others see it as a distraction. But all view digitalisation as an unavoidable trend that brings new risks with it, as Ronan McCaughey explains

Pandemic shifts the focus for consultants to the insurance sector

Insurance consultancies say the Covid-19 pandemic has not been a doomsday scenario for their business, but it has resulted in some notable changes to the tasks they are being asked to help with. Paul Walsh reports.

IFRS 17 confidence level disclosure: ultimate run-off vs one year

Cintia Cheong explores why insurers face a tricky choice between the two different time horizons for the confidence level disclosure of the IFRS 17 risk adjustment

PRT expansion to drive L&G's dividend growth plan

Christopher Cundy reports from Legal & General's (L&G) investor day, where the insurer revealed new targets for its dividend, bulk annuity underwriting and investments

US Elections: a divided government is good for insurers

Joe Biden's win comes after an extended period of uncertainty and division that has clouded US politics. However, division is not the worst enemy of the US insurance industry, but "populist" reforms promised by the Democratic party may well be. Sarfraz Thind reports