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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