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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

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Industry welcomes PRA's update on equity release mortgages

Practitioners happy with extra 12 months before implementation

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Chesnara raises cash to fund €160m L&G Nederland acquisition

Receives £70m from investors and arranges £47m debt facility

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RSA's Irish losses - bad luck or bad management?

RSA's risk management was put under the spotlight last year by a host of unfortunate events, not least an accounting scandal that contributed to a £200m loss at its Irish division. Exonerated by external auditors, the incident has nonetheless raised questions around RSA's risk culture. Sarfraz Thind reports