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IFRS 17: still waiting for disclosures

The IFRS 17 accounting standard is due to be implemented in five months' time, but many insurers are leaving it until the eleventh hour to reveal what impact the transition will have on their financial metrics. Christopher Cundy and Paul Walsh report

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LCP recruits longevity expert Stuart McDonald

He helped to found the Covid-19 Actuaries Response Group

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UK flood insurers introduce "Build Back Better" scheme

Insurers will pay for homeowners to improve resilience to flooding

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UK insurers reveal climate change readiness in SFCRs

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

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Covid-19 vaccinations move the needle on mortality forecasts

With the UK's Covid-19 vaccination programme being rolled out, experts tell Cintia Cheong about its impact on mortality in 2021 and what insurers should consider when projecting mortality trends

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How Covid-19 is changing the UK's prudential supervision

At a recent webinar organised by the Association of British Insurers, experts discussed what Covid-19 and Brexit might mean for the future direction of UK prudential regulation. Cintia Cheong reports

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Transition out of lockdown will be a focus for UK regulator

Not all insurers were well prepared for Covid-19, says Bank of England

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Scottish Widows hails gains from manager switch and longevity release

Dropping Standard Life Aberdeen produces one-off profit boost

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Pacific Life Re strikes landmark £10bn longevity swap deal

The deal is the second largest ever seen in the UK

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Mortality reserving windfalls: a reversal of fortune?

UK life insurers have enjoyed several years of unexpected profits thanks to the slowdown of mortality improvements, but recent statistics hint this trend may be about to reverse. Cintia Cheong reports