UK's PRA publishes clear expectations for insurers on climate risk

The PRA expects insurers to understand the financial risks from climate change


Australian regulator selects vendors to replace legacy data systems

Apra is updating its data collection solution


Australia reveals life insurance claims and disputes data

Comparison tool shows overall 92% claims acceptance rate


Just to raise £380m through equity and RT1 debt issue

Shares plunge 16% in morning trading


UK consults on oversight of actuarial profession

Plans to abolish FRC put forward following Kingman review


UK regulator proposes liquidity risk management rules

Changes in the insurance sector and financial markets have increased liquidity risk, PRA argues


UK still prioritising Solvency II risk margin amendment

PRA seeks clarity from government over pension superfunds regulation


Mandatory climate change disclosures "are only a question of time"

Geoff Summerhayes, board member of the Australian regulator and chair of the UNEP SIF, warns insurers of increased scrutiny


Tunaru report into equity-release mortgages may be good news for insurers

Radu Tunaru's research into how to value the no-negative equity guarantee contained within equity-release mortgages is sparking more debate about this major issue for UK life insurers. Christopher Cundy reports on the finding


PRA defends Part VII cost hike

The proposal would see the cost of portfolio transfers increase by 300% in some cases