62349

"Cut the reserves until they squeal"

Christopher Cundy comments on the lessons that should be learned from the accounting and actuarial scandal at UK-based Equity Red Star’s Syndicate 218

62348

IASB improves IFRS 17 treatment of deferred annuities

Consultation period cut to 90 days; description of mutual insurers remain but with footnote added

62338

SFCRs need to show how capital is generated - analyst

Stress and sensitivity testing also lacks consistency

62275

KPMG fined £6m for insurance audit failings

UK watchdog concludes case of misleading accounts at ERS

62268

Over half of insurers behind target on operational efficiency

KPMG and Acord survey also highlights limited integration of technology platforms

62220

Getting IFRS 17 ready for lift off

Despite the recent efforts by the IASB in proposing several changes to ease the implementation of IFRS 17, the new accounting standard for insurance contracts, some in the industry believe more needs to be done. Cintia Cheong rounds up the latest developments on IFRS 17 and the outstanding issues until its launch

61853

UK insurtech investment hits $1bn

KPMG’s report shows market is maturing with fewer, but larger insurtech deals

61657

Gábor Hanák leads International Actuarial Association in 2019

While Tonya Manning will take presidential role in 2020

61460

Analysts concerned by optionality in IFRS 17

But they hope comparability will improve in future, says KPMG

60701

IASB likely to support one-year deferral for IFRS 17

But two years are more realistic for some insurers, panellist argues