Risk management Credit, Balance Sheet, Interest Rates, Investment, FX

News

Property loss tech platform launched

Willis Towers Watson allows multiple perils to be modelled in a single online system

Insurtech deals on the up, but total funding drops

Willis Towers Watson ascribes funding drop to fewer “high dollar” transactions

John Hancock embraces healthtech on all life products

North American life insurer deepens partnership with Vitality to improve customer wellbeing

Axa Equitable Life promotes Sarfatti to CRO

Former head of strategy replaces Jurgen Schwering

AIR Worldwide warns of likely $4.6bn Florence insured losses

Florence was downgraded to a tropical depression earlier this week but still brought destructive flooding

Analysis

Is the price of patent insurance too high?

Intellectual property and patents have become a cornerstone of the global economy, but the risks associated with these assets are rarely laid off to insurers. Tim Freestone continues his series of articles on insuring intangible risk with an investigation into the pricing of patent insurance

Most of Europe's non-life business "marginal or loss-making" in 2017

Analysis by Insurance Risk Data of combined ratios reveals marine, aviation and transport is the sector with the least profitable premiums. David Walker reports

Tokio Marine overhauls risk management systems

The Japanese insurance group has upgraded its risk management processes to eliminate manual interventions and deliver an enhanced view of group risk. Christopher Cundy reports

Californian commissioner warns over fire insurance risk

California is not at a crisis point yet in terms of the availability of insurance to citizens burnt out in last year's fires, but the trends are not good, Dave Jones the state's insurance commissioner says. David Walker reports

Supervisors inconsistent in monitoring climate risk

Supervisors' varying levels of familiarity with climate risk requires the establishment of a global framework for measuring and managing those risks, according to the IAIS and the UN SIF.

Equity release mortgages: stopping the roof falling in

The Prudential Regulation Authority has shaken up life insurers by proposing new assumptions around the valuation of ERMs. The more prudent approach seeks to avoid a potential disaster if house prices stagnate or crash, but the impact on insurers could be serious. Christopher Cundy reports