IFRS 17 compliance: a task comparable with Solvency II?

IFRS 17 has been described as a "landmark shift" in insurer accounting and some are saying that implementation could require more work than was needed for Solvency II. InsuranceERM gets the lowdown from the industry on what it means for the sector


PIC hires ex-PRA life insurance expert as CRO

Giles Fairhead replaces Christopher Chappell


Insurers tussle with Ogden rate assumptions

The UK government is due to announce a revision to the damages discount rate – at the same time as insurers are preparing their annual reports. Christopher Cundy reports


Insurers feel more threatened by tech compared to other industries

Over 80% of insurance CEOs see technology disruption as a threat to growth


Chubb's CRO takes on digital role

Sean Ringsted will give up chief actuary position


Competition and disruption are top concerns for UK insurers

CBI/PwC survey finds Brexit further down list of biggest worries


TSC hearing: gaining equivalence a priority for UK Solvency II reforms

Single market access now off the cards after May speech


Bichard to lead PwC's insurance practice

Takes over from Jonathan Howe


IFRS 17: the new cloud on the horizon

Could IFRS 17 be even more burdensome and costly than Solvency II? A final text is due to be published in March and insurers are looking for fundamental changes – otherwise some will face a long and expensive path to compliance. Sarfraz Thind reports