62432

Regulatory doubts holding back advanced modelling

US regulators are ill-equipped to oversee predictive models and may be slowing the adoption of new technologies, says a study by the Society of Actuaries. Sarfraz Thind reports

62400

Why South Korea leads the way on IFRS 17

South Korea has pioneered the adoption of the new accounting standard for insurance contracts, as well as coping with preparations for a new capital standard at the same time. Martin Sarjeant explains how

62387

NAIC forum: technology, data science and Brexit

The NAIC's international meeting this month proved a lively affair. Beyond the regulatory dissection, participants had a lot to say on issues ranging from technology to Brexit. Sarfraz Thind reports

62354

GDPR - 365 days later

Insurers were vocal about the challenges they faced from the EU's General Data Protection Regulation's (GDPR) implementation last May. Ahead of its one year anniversary, Paul Walsh considers the lessons learned, the ongoing challenges and what the future holds

62253

LDTI: a challenge even for the most well-prepared

The US long-duration targeted improvements (LDTI) accounting change is one of the most complex accounting developments ever to hit the US insurance industry. EY's Evan Bogardus and Chad Runchey tell Sarfraz Thind about the implications of the new standard and - why it is so taxing for insurers

62236

Top technology tools for actuaries

The actuarial world may sometimes be perceived as a stolid profession, but the development and integration of new technologies means the sector is moving apace. A survey by the US Society of Actuaries highlights the key technology trends in the business. Sarfraz Thind explains

62231

Six ingredients needed for an effective consumer risk metric

How should insurers communicate the risks and benefits of their products to potential retail customers? A recent paper from the UK Institute and Faculty of Actuaries investigated this question and came up with some surprising results. Christopher Cundy explains

62123

Drone risk flies high

The disruption caused by drones at airports has propelled the risk to worldwide attention. For underwriters, it is adding to their considerations - but they also have much to gain from the technology. Paul Walsh reports

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