Life back-book consolidators shrug off threat from rising rates

Rising interest rates are unlikely to stop life insurers from selling their legacy liabilities to consolidators, as many other incentives for doing deals remain. David Walker reports


IFRS 17: still waiting for disclosures

The IFRS 17 accounting standard is due to be implemented in five months' time, but many insurers are leaving it until the eleventh hour to reveal what impact the transition will have on their financial metrics. Christopher Cundy and Paul Walsh report


Generali and Unipol assessed for BTP exposure as Italy demoted

S&P Global Ratings has downgraded Italy's outlook to stable


Insurers may face capital erosion akin to 2020 crisis

S&P Global said European insurers have been impacted by the drop in equity and bond markets


R.I.P. traditional life insurance

Low interest rates killed off European life insurance products that offered policyholders guaranteed annual returns. Even now as rates rise, David Walker finds practitioners are ready to bury the concept


Suncorp boosts nat cat budget by A$200m as flooding hits Australia

S&P Global expects "continued upward pressure" on industry's reinsurance rates


Post-pandemic world has not emerged as envisaged, says S&P

US P&C insurers face 100% plus combined ratio from 2022 slowdown


Taiwanese non-life insurers may face capital hit as Covid-19 surges

S&P Global had previously downgraded some Taiwanese non-life firms


S&P winds back on some insurance capital rating proposals

Agency responds to concerns on new rating model


US insurers slam S&P's "excessively conservative" capital model review

ACLI submits 41-page document to outline concerns