PRA highlights underwriting and reserving worries within actuarial function

Issues include insufficient challenge, independence and objectivity


KPMG promotes Simon Ranger to lead UK insurance

Simon Ranger previously held roles at Deloitte and Prudential UK


Australian health industry gets new prudential standards

Regulator issues rules on governance, board membership and audit


AIR partners with Capsicum Re to tackle silent cyber risk

Uncertainty could come from property, marine and other non-cyber lines of business, says AIR


Supervisors inconsistent in monitoring climate risk

Supervisors' varying levels of familiarity with climate risk requires the establishment of a global framework for measuring and managing those risks, according to the IAIS and the UN SIF.


Chinese insurance giant eyes Prudential’s Asia business

Deal could be valued at $51.5bn, which would make it China’s biggest outbound acquisition


UK regulator's "worst case" ERM proposal could make life insurer insolvent

Ex-Bank of England employee analyses Just’s assumptions around equity release mortgages


Prudential to switch supervisors after M&G demerger

Asian-focused business will no longer be overseen by the UK PRA


Equity release mortgage lending "a scandal like Equitable Life"

Durham University professor warns of major errors in insurers' valuation