Models Capital, Risk, Economic Scenario Generators

News

PRA tells life actuaries: focus on model drift and proxy modelling

UK regulator outlines initiatives in the next 12 months

Nasdaq ModEx signs CoreLogic to provide US earthquake model

Third US cat model on Nasdaq’s multi-vendor cat platform

Oasis LMF added to Fractal insurance platform

The Fractal platform supports re/insurance views of risk and can integrate vendor models

Cyber insurance "nowhere near what's needed"

Need for industry to catch up on cyber highlighted at insurance conference

Eiopa to examine run-off business in Europe

Gabriel Bernardino reveals other priorities of the authority

Australia's private health insurers warned: 'address sustainability risks'

The sector is ill-prepared and needs a plan B, the regulator says

Aon adopts CyberCube for cyber risk analytics

Broker adds tool to its CyberMetrica platform

Fathom updates US flood model

Model is available via the ModEx cat modelling platform

Climate change can't be captured in Solvency II capital, says Eiopa

EU authority publishes draft opinion on integrating sustainability into Solvency II

FIS launches Enterprise Accounting System for IFRS 17

Vendor extends Prophet to fill the gap between actuarial and finance systems

Analysis

Figuring out profit emergence under IFRS 9 and IFRS 17

Gavin Conn and Steven Morrison examine how the choice of liability discount rate affects the expected profit emergence and earnings volatility under IFRS 9 and IFRS 17

Regulatory doubts holding back advanced modelling

US regulators are ill-equipped to oversee predictive models and may be slowing the adoption of new technologies, says a study by the Society of Actuaries. Sarfraz Thind reports

Decoding IFRS 17 from an investment perspective

Efforts by the International Accounting Standards Board (IASB) to clarify the definition of investment components within an insurance contract have been welcomed by some stakeholders. However, others argue a new proposal from the board could spark confusion. Cintia Cheong explains

Top technology tools for actuaries

The actuarial world may sometimes be perceived as a stolid profession, but the development and integration of new technologies means the sector is moving apace. A survey by the US Society of Actuaries highlights the key technology trends in the business. Sarfraz Thind explains

"The Solvency II review is a Herculean task for regulators"

Talanx's chief risk officer Gerhard Stahl talks to David Walker about the 2020 review of Solvency II, how to improve risk reporting, and the story behind ESG integration

A shake-up of Australian earthquake modelling

David Walker finds that much has changed in the risk models used to assess the country's seismic hazard - and in the mentality of the modellers themselves