XL gains Bermudan approval for internal model

Raises capital ratio by 9 percentage points


ICS version 1.0 inspires little faith in IAIS timetable

Despite the IAIS heralding the launch of insurance capital standard version 1.0, insurers say it has achieved a lot less than originally promised. Is it time to scale back ambitions for version 2.0? Callum Tanner reports


Aegon makes sweeping changes to supercharge solvency ratio

Injects €1bn into Dutch subsidiary and negotiates with regulator over LAC DT and US conversion factor


CRO Forum lobbies on internal model use for ICS 2.0

"Hidden risks" and "pro-cyclical behaviour" if own models are not allowed


Profitability of insurance companies dropped in 2016

But overall firms are well capitalised, says Swiss Re


Risk-based capital a priority for new Hong Kong regulator

Insurance Authority's regulatory duties take effect today


MetLife praises passing of Financial Choice Act in House

Important step towards removal of FSOC authority, says chief Kandarian


IAIS appoints Paserot to head of capital and solvency

Remaining as deputy secretary general, will begin new role on 1 June


Ambiguities persist in covered agreement, says former NAIC president

NAIC unlikely to trash agreement via Congress but wants added assurances


Brexit an opportunity for competition between EU and UK regulators

PRA should better recognise state-based insurance regulation, says Trans Re chief