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IFRS 17: the new cloud on the horizon

Could IFRS 17 be even more burdensome and costly than Solvency II? A final text is due to be published in March and insurers are looking for fundamental changes – otherwise some will face a long and expensive path to compliance. Sarfraz Thind reports

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Eiopa paper outlines less volatile UFR approach

Commission's stability concerns taken into account

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UK's problem with Solvency II isn't EU red tape: it's gold plating

MPs investigating post-Brexit Solvency II reforms should focus on the UK regulator, rather than Brussels bureaucrats, according to insurers. Far from throwing off the shackles of Europe, most firms hope any changes will be minor and phased in slowly. Callum Tanner reports

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L&G outlines appetite for model error risk

Worked with Deloitte to set up model risk and controls framework

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New York Life reaps rewards of actuarial reform

Moving to the FIS Prophet US Single Platform for actuarial valuation and projection involved cultural as well as technical upgrades

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The tech trends of 2016

Christopher Cundy discusses the current themes in risk and actuarial software

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Deloitte hires insurtech expert from Capgemini

Nigel Walsh to help insurers with technology

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Willis Towers Watson hires Deloitte partner

Colin Forrest to lead UK life team

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Deloitte actuary faces tribunal over reserving failures

FRC investigates Equity Red Star director, auditors and actuary

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Aviva hopes for culture change through Silicon Valley initiative

Insurer is partnering with digital start-up accelerator Plug and Play