62002

IFRS 17 Conference: what have we learned?

The upcoming accounting standard for insurance contracts poses several challenges to the industry ranging from skills shortages to stakeholder engagement. On 27 February, experts convened at InsuranceERM's IFRS 17 Conference in London to discuss their approach to successful implementation. Cintia Cheong summarises the findings

61924

Insurers rank their most dangerous risks for 2019

Dave Ingram and Mark Mennemeyer discuss the results of their poll on which risks are considered most dangerous to insurers

61892

Tunaru report into equity-release mortgages may be good news for insurers

Radu Tunaru's research into how to value the no-negative equity guarantee contained within equity-release mortgages is sparking more debate about this major issue for UK life insurers. Christopher Cundy reports on the finding

61866

Proposed changes to IFRS 17 transitional arrangements "not far enough"

David Wilson, IFRS 17 programme director at Aegon UK, tells Cintia Cheong what he thinks of the recently proposed amendments to the accounting standard, and how the company will achieve a consistent implementation while leveraging Solvency II processes

61856

Commission reveals scope of Solvency II reforms in 2020 advice request

In its request for technical advice from Eiopa, the European Commission has given its strongest indication yet about where it might take Solvency II. Christopher Cundy shares his thoughts

61825

"IFRS 17 is the most cross-function project we've ever had"

Erich Kruschitz, head of group finance of Uniqa, tells Cintia Cheong about the challenges the company faces with the implementation of IFRS 17 and 9 accounting standards

61807

The unstoppable rise of insurtech in China

Technology is driving growth in China's insurance markets, particularly among millennials, and investors remain keen to back insurtech firms despite continuing losses and potential regulatory challenges. Siyi Liu reports

61747

European regulators outline Brexit mitigation measures

As the threat of a no-deal Brexit becomes more likely, some EU countries are stepping up their preparations to ensure service continuity. Cintia Cheong spoke to regulators and governments in five big EU27 markets to find out what they have planned

61717

MPs grill Rule and Woods on equity release, ethics and Brexit

The UK parliament's house Treasury Committee yesterday questioned Bank of England chiefs Sam Woods and David Rule on a host of issues, including diversity, management ethics, Brexit - and insurers' treatment of equity-release mortgages. Ronan McCaughey and Christopher Cundy report

61703

Silent cyber risk sparks rewording of insurance policies

AIG and Allianz are among the insurers to have undertaken a large-scale effort to exclude silent cyber risk from their portfolios. Paul Walsh looks into the process and discovers how policies have been reworded to safeguard insurers and satisfy their customers