Finland

  • Global protection gap hit record high of $1.83trn in 2023, says Swiss Re

    24 July 2024

    The reinsurer has published its sigma resilience index report

  • Japanese insurers unwind cross-asset holdings to prevent conduct risks

    24 July 2024

    MS&AD and Tokio Marine reduce holdings in Toyota, and vice-versa

  • IFoA offers ethical AI training in collaboration with CISI

    24 July 2024

    The course has five modules, including one on risk management in AI

  • Life and annuity reinsurer Martello Re raises $1.3bn in second financing round

    23 July 2024
  • CrowdStrike IT outage wake-up call for technology use, says WR Berkley CEO

    23 July 2024

    Insurer does not expect material losses from event at this stage

  • Insurance Ireland prescribes tonic for Irish re/insurance market

    23 July 2024

    The Irish trade body issued its six-point submission ahead of this October's budget package in Ireland

  • Cytora strengthens board with Laurent Rousseau appointment

    23 July 2024
  • Japan's FSA probes personal data leak at Tokio Marine unit

    23 July 2024
  • AI is only used for reserving by a fraction of insurers worldwide

    23 July 2024

    But LCP survey found 53% of teams said they plan to increase usage in the future

  • Beazley not anticipating major hit from CrowdStrike outage

    23 July 2024

    Fitch Ratings says high single-digit billion loss will not have material impact on re/insurers

  • CNP's Vincent Damas calls for global interoperability of green taxonomies

    22 July 2024

    UNEP FI is leading a collaboration to support a unified global green taxonomy

  • Feryal Nadeem appointed CRO at OneFamily

    22 July 2024
  • Nevada Senator calls on FIO to increase efforts to tackle wildfire insurance costs

    22 July 2024
  • System failure and business interruption the major loss triggers from global IT outage

    22 July 2024

    Business interruption losses unlikely to be covered by general insurance policies, says APCIA

  • Ergo helps limit fallout from Thai peer's liquidation

    22 July 2024

Finland is considering introducing some aspects of pillar 2, probably the ORSA, ahead of Solvency II implementation.

The regulator could not disclose which companies intend to use internal models.