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