Models Capital, Risk, Economic Scenario Generators

News

European cyber risk market could reach $5bn by 2025

Compound annual growth rate of 37%, predicts Munich Re at Baden Baden

BaFin raises supervision challenges of capital modelling with AI

Question raised whether to supervise data providers

Bermudian insurers target efficient and scalable risk modelling

More “industrial” processes needed as insurers grow, according to Aon

Insurtech roundup: Talanx; Zesty.ai; Munich Re; Sapiens; Bank of England

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

Traditional insurance approaches "fail" on cyber risk

Milliman reviews the findings of a recent Eiopa cyber risk re/insurance study

Insurtech roundup: Munich Re; Arceo.ai; Sompo International; IBM

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

AGCS names reinsurance and catastrophe risk head

Hyeji Kang will succeed Bernhard Arbogast who is to retire

PRA sticks to its guns on ERM deferment rates

Parameters for effective value test left unchanged from consultation proposal

InsureTech Connect: Markel finds upside in Brexit to win new business

Technology disruption from both inside and outside industry, says co-CEO

Novis adopts ReMetrica for life and health capital modelling

Innovative Slovakian insurer is growing fast across central and eastern Europe

Analysis

Keeping control over deep learning models

How can insurers' model risk management frameworks cope with the introduction of deep learning models? Ronald Richman, Nicolai von Rummell and Mario Wüthrich explain

Eiopa proposes extensive reforms for Solvency II 2020 review

Over 878 pages, the European Insurance and Occupational Pensions Authority has put forward dozens of important reforms to the EU’s solvency regime. Christopher Cundy summarises the main issues and shares his opinion on the potential impacts

The technology trends in risk and capital management

As re/insurers look to implement IFRS 17, manage cyber risk and drive modelling efficiencies, software vendors are gearing up to respond. Cloud and process automation solutions also figure highly in this year's InsuranceERM Technology Guide, introduced by Ronan McCaughey

Views of enterprise risk management in 2030

Chief risk officers who want to participate in the strategy of their organisations will need to develop their vision for the future of the ERM function. Willis Towers Watson executives share their views on how risk management might evolve

"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

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