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

News

North of England flood losses could cost insurers £120m

More than 500 properties have been flooded and 1,200 households have been evacuated.

Zurich aims for higher profitability with tech-based strategy

Growth in retail and commercial lines to contribute

IAIS Abu Dhabi: Systemic insurers' list remains suspended until 2022

New framework encompasses activities-based and entities-based approaches

IAIS Abu Dhabi: supervisors accede to US demands on ICS

Insurance Capital Standard monitoring period to begin in January

Australian bushfires insured losses to hit at least A$50m

Many more claims are expected from the infernos in Queensland and New South Wales

The Hartford ranked top insurer in US most "just" companies

Just Capital reviewed the 1,000 largest US public companies on their contributions to society

PIC completes longevity swap conversion to £750m buy-in for SSE

It is PIC's third PRT deal for a pension scheme sponsored by Scottish & Southern Energy

BaFin predicts "overwhelming majority" of life sales with flexible guarantees

Lower promises only cut overall burden slowly, BaFin adds

IFRS 17 delay on the table in IASB discussion plan

But removal of comparative information is unlikely

Pool Re launches terrorism risk knowledge hub

Pool Re Solutions has been created to support member insurers and their policyholders

Analysis

Insurance ERM Americas: The risk trends keeping US CROs awake at night

US re/insurance chief risk officers reveal the risks that most concern them, changing risk tolerances in the industry and strategies for dealing with emerging threats. Ronan McCaughey reports from InsuranceERM's New York conference

Insurance ERM Americas: is cyber risk modelling up to scratch?

Panellists at InsuranceERM's New York conference shared their thoughts on the positive aspects of cyber risk modelling and where improvements are required. Christopher Cundy reports

Defining risk accountabilities in the Senior Managers and Certification Regime

RACI charting is a powerful tool for SMCR compliance and improving risk governance and culture. The risk function is also in a prime position to help, as Seema Bradbury and Alex Hindson explain

The Fed and insurance rules: an eclectic fit

The US Federal Reserve created an advisory committee last month – and Manulife’s treasurer Halina von dem Hagen is joining it. She tells Sarfraz Thind about the key issues the market might want to consider right now, including mark-to-market regulation and systemic risk

ICS 2.0: comparability is the hot topic at IAIS Abu Dhabi meeting

A decision on comparability of solvency regimes at the International Association of Insurance Supervisors meeting next month will determine the future of the Insurance Capital Standard. Paul Walsh reports

B3i readies blockchain tech for year-end reinsurance renewals

The Blockchain Insurance Industry Initiative (B3i) has deployed the latest version of its property catastrophe excess of loss (XoL) reinsurance application. Paul Walsh discusses where the technology sits within the industry and what the future holds