Six ingredients needed for an effective consumer risk metric

How should insurers communicate the risks and benefits of their products to potential retail customers? A recent paper from the UK Institute and Faculty of Actuaries investigated this question and came up with some surprising results. Christopher Cundy explains


FCA's 2019/20 priorities: Brexit, governance and data ethics

The UK regulator has revealed its key areas of focus for this year and next


Hong Kong leaves self-regulatory insurance regime behind

The Insurance Authority is making progress on a new regulatory and licensing regime


CIAM ups the ante on Scor's Denis Kessler

The French activist fund claims proxy support to split Kessler’s roles at Scor


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

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


Australia's Freedom Insurance to sell its policy administration unit

The insurer was criticised by the Royal Commission


Lloyd's launches bullying and harassment support line

The service is open to anybody working at the Lloyd’s market


French regulator highlights insurers' climate risk weaknesses

The ACPR wants “true, forward-looking analysis”, among various improvements


FCA fires warning to general insurers on business model risks

Concerns raised over business model complexities resulting in poor customer experiences


Bank of England director highlights climate threat to equity-release mortgages

David Rule says increased flooding and subsidence could devalue properties