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

News

Barry losses to peak at $500m, says RMS

Around half of total insured losses will be incurred by the NFIP

Abir elects Hamilton Insurance CEO Pina Albo as deputy chair

Convex Group has also joined the Bermuda re/insurance association

Insurers in Singapore breach minimum capital requirements in IMF stress tests

Solvency tests conducted as part of International Monetary Fund review

Reinsurance remains challenge for Australia to adopt IFRS 17

Non-life insurers concerned by additional data requirements

Allianz X invests in ESG data provider Arabesque S-Ray

Insurer’s digital investment unit leads $20m funding round

Gulf Islamic insurers face consolidation from tighter capital rules

S&P Global Ratings says Saudi Arabian regulator plans to hike capital requirements to SAR 500m

Insurtech weekly: Cytora; MetLife; VitalityHealth; Akinova; BlockClaim

InsuranceERM rounds up the latest developments in the fast-moving world of insurtech

Gauke: Ogden decision leaves a “reasonable margin” of prudence

Personal injury discount rate of -0.25% means less chance of claimants being under-compensated

FIS updates Prophet actuarial modelling system

The software vendor says the updates will boost flexibility for users

UK insurers shocked by change to Ogden rate

Personal injury discount rate raised to just -0.25%

Analysis

"We want clarity and certainty for IFRS 17 implementation"

Patrick Klijnsmit, director of finance, risk & performance management and control at ASR, talks to Cintia Cheong about choosing vendors and contractors, and what he thinks of the proposed changes to the accounting standard

What's next for the MA and VA?

More than €100bn of capital relief is provided by Solvency II's matching and volatility adjustments, but they are far from uncontroversial. As the European Commission begins to consider reforms, Christopher Cundy reports on the problems and possible solutions

Questioning the value of IFRS 17

Irish insurance chief risk officers have expressed scepticism about the benefits of IFRS 17 and fear the principles-based nature of the insurance accounting standard will hamper consistency. Ronan McCaughey explains

Romania's insurance sector: motoring on

Motor business has dominated Romania's insurance market, but firms are taking steps to diversify their books, as well as cope with a raft of regulations and capitalise on new technology. Paul Walsh reports from Bucharest

IFRS 17: implementation update

Two years into IFRS 17 preparations, four directors at consultancy Muller Beukes Edvardsen share their thoughts on how far insurers are on the road to implementation

"The mummy track or the director track?"

Steps to increase equality and diversity in the financial services industry are under way, but as witnesses at a recent UK parliamentary meeting observed, there is still much to be done. Paul Walsh reports