10 Must-Have GRC Capabilities for Insurance Firms
Access this eBook from Camms to uncover 10 technology capabilities that every insurance firm should be using to streamline & automate their GRC processes.
Translating long-term climate scenarios to short-term market stresses
Climate scenarios have typically focused on long-term financial impacts. But are insurers missing exposures by being too narrow in their analysis? Moody's Analytics propose a modeling structure, to identify the material short-term market impacts.
Considering Climate Risk Uncertainty in Portfolio Construction
In the final article from a series of six on climate scenario modeling, Moody's Analytics compares scenarios for climate risk in investment portfolio construction.
Analyzing and Attributing Climate Change Impacts on Asset Returns
In the fifth in a series of six articles on climate scenario modeling, Moody's Analytics explores the impact of physical and transition risk on asset returns.
Expanding Beyond the Network for Greening the Financial System
In the fourth in a series of six articles on climate scenario modeling, Moody's Analytics address the importance of broadening your analysis.
How to Choose the Right Climate Model
In this article, Moody's Analytics explore different approaches to scenario modelling to achieve the appropriate analysis for your end goal.
Achieving a balanced view of climate risk
This article from Moody's Analytics, discusses how to achieve a balanced view of climate risk with bottom-up and top-down analysis for SAA, the ORSA and TCFD reporting.
Economy shows resilience to recent cyber attacks, but major events remain a risk
Cyber is one of the most significant risks facing enterprises in the 21st Century - it is the number one risk for most enterprises today and that risk is ever-increasing. In the decade ahead, we will continue to connect the internet to our homes, offices, manufacturing facilities and cities, with existential risks to businesses and the global economy.
IFRS 17 Essentials
Transition: MRA or FVA for recent new business?
Kurt Lambrechts discusses how insurers can use the modified retrospective approach (MRA) or a fair value approach (FVA) to help simplify their IFRS 17 implementation
Exploring the impacts of IFRS Sustainability Disclosure Standards on Insurers
Insurers are facing new requirements for sustainability-related disclosure that will prompt a review of their reporting processes and systems, as Barbara Jaworek explains
IFRS 17: Preparing for a more streamlined tomorrow, today
Matthieu Soulas and John Bowers reveal the main sticking points with IFRS 17 implementation and discuss strategies for a smooth completion
A challenging year for insurers
IFRS 17 has been a significant hurdle facing the Insurance industry for almost four years now. However, 2020 saw the added challenges of a global pandemic, a faltering global economy and political uncertainty which added additional complications to an already challenged industry.
IFRS 17 - The RNA Way
IFRS 17 is not just about day-to-day reporting; it also requires insurers to be proactive and have forward-looking systems in place that are fit for large volumes of calculations. This can represent a challenge for certain IT infrastructures, which are at risk of buckling under the computational pressure.
Unpacking LRC and LIC Calculations for P&C Insurers
The new IFRS 17 insurance contracts accounting standard has created the need for a revised set of measurement, accounting, and reporting functionalities for insurers.
Technology Perspectives from the IFRS 17 Journey
As the implementation deadline for IFRS 17 in 2022 draws ever nearer, the insurance industry is in the midst of preparing for the standard. However companies are at various stages of preparedness from having already started implementation to just preparing the gap analysis or selecting technology vendors.
The march to IFRS 17 compliance
While it feels like IFRS 17 has been a part of the insurance conversation for quite some time, it was just over 18 months ago that FWD Group ("FWD") became one of the world's first insurers to select a technology solution to address the new standard. Since then, the insurance industry, vendor community, and the standard itself have evolved quite a bit.
Optimising model capabilities
Moody's Analytics explains how its software and services can help insurers with their solvency monitoring, reporting and stress-testing requirements in Solvency II
Arming insurers for Solvency II and beyond
The pressures that Solvency II puts on risk and capital modelling are manifest: more information is required within shrinking deadlines, it has to be communicated better and it must be produced with more rigorous governance. FIS explains how its Prophet solution is helping actuaries and risk professionals deliver
A holistic approach
A multi-disciplinary approach is the key to good data management, says MBE, whose unique and innovative business structure has helped clients prepare for the stringent requirements of the Solvency II regime and beyond