Insurance Risk Data adds reports from Swiss and Bermudian insurers

Published in: Risk management, Corporate strategy, Capital management, Financial results, Reinsurance, Regulation, Solvency II, Investment risk - strategy, UK, Rest of Europe, US - Canada - Bermuda, SFCR

Companies: Zurich, AIG, Axa, Allianz, Munich Re and Scor.

Insurance Risk Data, the research arm of InsuranceERM, has included Financial Condition Reports (FCR) for insurers in Switzerland and Bermuda in its library, for a second year running.

The reports cover the 2019 reporting period, for groups and solos from the two jurisdictions. It continues to extend the insurance database’s breadth well beyond the community of EEA underwriters subject to Solvency II.

Insurance Risk Data also has filed all the financial statements from active Lloyd’s syndicates for 2018 and 2019.

Swiss FCRs cover insurers’ risk profile and management including stress tests, capital management and solvency under the Swiss Solvency Test (SST), as well as their business performance, balance sheet and descriptions of governance.

Their inclusion in Insurance Risk Data rounds out the insight the data service offers into the European business of Swiss underwriters. It also complements the narrative and data in solvency and financial condition reports (SFCR) that Swiss groups file each year for their EEA operations, and provides a pan-European perspective on the work EEA underwriters report on in Switzerland.

As an example of the big picture provided by the service, Insurance Risk Data has four Swiss reports for local units of Zurich – including the group-level report – plus a further nine SFCR narrative reports and data for Zurich’s various units in the EEA.  

The database also features five Swiss reports for domestic divisions of Swiss Re, plus four more for operations in the EEA. And there are reports for the Swiss activities of foreign groups such as AIG, Axa, Allianz, Munich Re and Scor.

The library of Bermudian FCRs afford similar insights into the Bermuda units of insurers around the world, including those with parents in Europe and the US.

Insurance Risk Data

Insurers’ solvency and financial condition reports, and associated data, are available to users of Insurance Risk Data, a database from Field Gibson Media, InsuranceERM's publisher.

The database combines European insurers' financial and regulatory filings, including the Solvency II SFCR disclosures, into a single, comprehensive and user-friendly database. It is ideal for market/peer/prospect analysis, research and benchmarking.

To find out more about Insurance Risk Data, please email [email protected]

David Walker