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Canadian insurer picks Moody's Analytics to implement IFRS 17
Existing working relationship laid foundation for partnership, says vendor
Capital models: run, review, repeat
Recent surveys by consultancies Willis Towers Watson and PwC have revealed how UK life insurers have revised their approach to capital modelling. Christopher Cundy reports on some of the highlights
UK insurers more optimistic than rest of financial services
The quarterly CBI / PwC survey of 84 firms reveals a marked divergence in business conditions between sub-sectors
US life firms under pressure from accounting overhaul
It has been billed as the biggest change in US accounting rules for decades. But reportage of the new US GAAP LDTI standard remains sparse. Since coming into effect in August, with an implementation deadline of 2021, companies have been scrambling to assess the impact. Sarfraz Thind reports
Hamilton appoints Vetch as CFO for Lloyd's business
Takes over from departing Simon Barrett
IASB to review contract aggregation in IFRS 17
Insurers could present contracts at portfolio level instead of group level
IASB votes in favour of IFRS 17 delay
IFRS 9 also to be delayed to maintain consistency for insurers
Moody's Analytics teams up with PwC to help insurers implement IFRS 17
Partnership offers systems, actuarial and accounting expertise to help beat deadline
"Standalone cyber is the way forward" - Tokio Marine's Daljitt Barn
Cyber risk expert Daljitt Barn has taken up a new role as global head of cyber risk at specialist insurer Tokio Marine. He explains to Paul Walsh why insurers have struggled to grasp the cyber risk threat, and what they should do to grow the market
Tokio Marine appoints cyber risk head
Daljitt Barn has previously held cyber risk roles at Munich Re and PwC