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Subscribe nowGerman, Irish and British regulators discussed their top concerns for 2021 at InsuranceERM's Insurance Risk & Capital EMEA conference last week. Cintia Cheong reports
Regulator concerned that boards are not informed about cyber risk
Capital and reporting standards need alignment before Australia's IFRS 17 takes effect
But younger insureds are still leaving private cover
The regulator urged insurers to allow for additional uncertainty from Covid-19
Apra says insurers must discount premiums meaningfully for homeowners undertaking mitigation
Sector has provided A$500m of benefits to members during Covid-19, says trade body
Pandemic has caused contract uncertainty
UK regulator clarifies interpretations of MA rules during coronavirus crisis
Sam Woods called for "fully embedded" approaches to managing climate-related financial risks