EU tables IFRS 17 carve out for annual cohorts - UPDATED

European Commission's first stage of endorsement is completed


European floods expected to cause €1bn+ of economic losses

At least 73 deaths follow record inundation amid warnings it may get worse


Conning integrates ESG indices into economic scenario generator

Climate change indices also added to GEMS software


Catastrophe modellers are red hot on climate

InsuranceERM's annual roundup of developments among catastrophe modellers and platform providers finds one overwhelming theme: the need to provide insurers with better ways to understand the impact of climate change on risk. Cintia Cheong, Christopher Cundy, Ronan McCaughey and Paul Walsh report


Insurance industry's complexity revealed by Insurance Risk Data

UK groups have 85 entities on average; Aviva has close to 900


UK insurers reveal climate change readiness in SFCRs

Some divulge extent of rise in claims from climate stress-tests


European and Asian insurers likely to benefit from IFRS 17/9 rule change

Deloitte's Francesco Nagari says proposal would help explain transition to investors


China Post Life solvency expected to improve upon AIA's stake-building

Hong Kong life firm is investing RMB 12bn for a 25% stake


US climate risk: towards global alignment?

The US response to climate change has been complicated by inconsistent disclosure, muddled models and divergent state standards. Now the federal government is beginning to act, is the country's insurance sector ready to step up? Sarfraz Thind reports


MS&AD tightens coal policy

It follows similar announcements by four Korean insurers