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Insurtech weekly: Hippo; Pacific Life Re; PwC; Axa XL; Hokodo

InsuranceERM rounds up the latest developments in the fast-moving world of insurtech

62615

PwC partners with Phinsys on IFRS 17

The software provider and PwC aim to help insurers remove costly manual processes

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"We want clarity and certainty for IFRS 17 implementation"

Patrick Klijnsmit, director of finance, risk & performance management and control at ASR, talks to Cintia Cheong about choosing vendors and contractors, and what he thinks of the proposed changes to the accounting standard

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Convex hires head of ceded reinsurance and capital modelling

XL's Anne Middleton took up her position with Stephen Catlin’s Convex Group this month

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Technology and cyber top poll of insurers' risks

The Insurance Banana Skins report says overall tone is the most negative since 2007

62318

Lloyd's chief actuary joins Guy Carpenter

Broker makes two other hires for risk and accounting advisory team

62265

US set for flood of variable annuity exits

More capital and greater desire to sell VA blocks than ever before, says PwC

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M&A deal value for US insurance sector drops sharply in Q1

However, PwC said deal volume soared 35% during the first quarter

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Europe's IFRS 17 advisor appoints new chiefs

Chiara Del Prete and Saskia Slomp replace Andrew Watchman from April

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Drone risk flies high

The disruption caused by drones at airports has propelled the risk to worldwide attention. For underwriters, it is adding to their considerations - but they also have much to gain from the technology. Paul Walsh reports