News

67299

Abrupt interest rate hikes could hurt insurers

Moody's spells out how a steep and rapid rise in rates may affect insurers

67298

Government trade insurance schemes cost Coface €160m in 2021

Cost was €103m in Q4 alone, SFCR shows

67295

CRO Forum highlights IoT risks insurers must monitor

Aside from cybersecurity risk, insurers must also consider strategic and reputational risks

67288

Allianz plans complete exit from Russia, says CFO

While climate change poses insurability doubts for Australia

67287

Ukraine's insurers urge regulatory "Marshall plan" to survive war

Proposals include IFRS 17 delay and softening regulatory requirements

67286

GFIA ends Russian insurers' membership

Decision comes two months after Insurance Europe ended its partnership with Russian insurers

67285

Ping An lends insurer's eye to Chinese ESG disclosure standards

International standards "difficult to match" with China's market

67284

Manulife warns of 10% earnings hit from IFRS transition in 2022

CSM adoption will lead to a 20% decrease in equity, Canadian insurer says

67283

Allianz's natcat costs in Q1 hit decade high

But operating profits grew 11% for asset management, year on year

67282

UK insurers stalling on IFRS 17 disclosure

Grant Thornton analysis of 2021 reports finds little information beyond project progress

67280

Bermudian insurers remain deficient in climate modelling

Majority of insurers not using vendor cat models for climate projections, the BMA finds

67279

Ex-Hiscox chief Bronek Masojada flags four top reinsurance trends

Re/insurers should be change-makers rather than wave-surfers

67278

Aviva CEO responds to sexist remarks

Amanda Blanc said the more senior the role she has taken, "the more overt the unacceptable behaviour"

67277

Allianz books additional €1.9bn provision for Structured Alpha in Q1

Group estimates this will cover remaining costs linked to hedge funds

67276

"Plainly sexist" remarks about Aviva CEO reveal progress to be made

Amanda Blanc was told at Aviva's AGM yesterday she is "not the man for the job"

67273

Munich Re hit with €100m in Q1 claims from Russia-Ukraine war

Reinsurer's CFO Christoph Jurecka said the conflict severely impacted its result

67269

Australia risking "pariah status" among investors by insuring coal

Adani requested federal backstop for mutual pool

67268

UKEB votes in favour of IFRS 17 adoption

UKEB's assessment of the true and fair principle on IFRS 17 continues to be challenged

67267

Ways insurers can deal with longer-lasting inflation

Gallagher Re sets out steps insurers can take to mitigate their exposure to inflation risks

67266

S&P winds back on some insurance capital rating proposals

Agency responds to concerns on new rating model