Insurtech weekly: Zurich; Aegon Life; PolicyMe

InsuranceERM rounds up the latest developments in the fast-moving world of insurtech


Insurers report declining solvency ratios following Covid-19 hit

Aegon, Zurich and L&G say declines remain manageable for now


Coronavirus-induced volatility will erode insurers' profitability and solvency

Moody's sets out the key risks for European insurers in next 12-18 months


Aegon second half earnings hit by challenging US conditions

Net income down 5% from previous year as Transamerica struggles on low rates


Scor's Frieder Knüpling to chair CRO Forum in 2020

Allianz's Tom Wilson to take over as vice-chair


Aegon's longevity reinsurance deal frees up capital

The deal is expected to benefit Aegon's Dutch Solvency II ratio by 10-12pp


CROs must move from "judging to nudging"

Allegra van Hovell-Patrizi said chief risk officers will need to take a more proactive role


Australia's CommInsure receives cut fine for cold-call guilty plea

Figures released on same day show Australian life after-tax profits to September fell 88%


Long-term care insurance warning for US market

A recent report on GE Capital's long-term care insurance (LTCI) exposure has triggered market concerns, with Fitch Ratings arguing LTCI products are among the riskiest marketed by US life insurers. Sarfraz Thind explains


Credit spread movement hits Aegon's Dutch Solvency II ratio

Ratio drops from 190% to 152% year-on-year