56601

PRA highlights underwriting and reserving worries within actuarial function

Issues include insufficient challenge, independence and objectivity

56491

Australian health industry gets new prudential standards

Regulator issues rules on governance, board membership and audit

56101

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

55461

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.

55271

Prudential to switch supervisors after M&G demerger

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

55241

Equity release mortgage lending "a scandal like Equitable Life"

Durham University professor warns of major errors in insurers' valuation

55201

Equity release mortgages: stopping the roof falling in

The Prudential Regulation Authority has shaken up life insurers by proposing new assumptions around the valuation of ERMs. The more prudent approach seeks to avoid a potential disaster if house prices stagnate or crash, but the impact on insurers could be serious. Christopher Cundy reports

54881

All UK Solvency II reporting to use XBRL

Transition period not allowed, but a testing window will be offered

54771

Just warns of impact from regulator's matching adjustment reforms

UK life insurer is a major investor in equity release mortgages, the MA treatment of which is under scrutiny

54491

PRA sets out MA concerns and future projects

Letter to chief actuaries says also discusses internal models, stress testing and fundamental spread