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
PRA highlights underwriting and reserving worries within actuarial function
KPMG promotes Simon Ranger to lead UK insurance
Marsh & McLennan swoops for JLT
Insurers facing $2.5bn Florence bill
Chinese insurers' C-Ross compliance pays off
Florence flood threat continues to grow
'Silent' cyber risk concerns grow across insurance lines
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
