06 November 2024

Risk and capital modellers share lessons from the LDI crisis, the shift to private assets and board interactions

Analysis

06 November 2024

EU consumers need easy access to investment and protection

Giancarlo Bosser urges European lawmakers involved in the Retail Investment Strategy to develop a more consumer-centric approach to the process of buying insurance-based products
04 November 2024

Insurers on high alert for strikes, riots and civil commotion risks

As losses from strikes, riots, and civil commotion surge, insurers are grappling with these escalating threats and how best to manage them. Joshua Geer reports
31 October 2024

IFRS 18 accounting standard to reshape financial performance reporting

New rules set to take effect in 2027, but won't be as disruptive for insurers as IFRS 17. Christopher Cundy and Ronan McCaughey report
28 October 2024

A frontline perspective: the impact of war on Ukraine's insurance market

Denis Yastreb explains how the Ukrainian insurance sector has responded in the face of Russia's invasion and continuing occupation
25 October 2024

AI's potential to improve customer outcomes

Artificial intelligence could be a powerful tool to help insurers serve customers better, but it needs better regulation and governance. Martin Assmann reports
21 October 2024

Cayman Islands aiming to become the next reinsurance idyll

Already one of the biggest captive and alternative asset venues in the world, the Cayman Islands is on a quest to make its serendipitous location a hub for reinsurers. The Deputy Premier and head of its reinsurance association spoke to Sarfraz Thind in New York about why they should be taken seriously

News

  • Trump presidency: insurers brace for volatility and geopolitical risk

    06 November 2024

  • Insurers demonstrated "significant evolution" in nature risk approaches at COP16

    06 November 2024

  • Rothesay writes £11bn bulk annuity for NatWest across multiple deals

    06 November 2024

  • AI/ML adoption rising among insurers for storm risk assessments

    06 November 2024

  • European Council signs off Solvency II reforms and introduction of IRRD

    05 November 2024

  • Spanish floods are worst climate disaster in history, says insurance body president

    05 November 2024

  • MAS chair calls on insurers to collaborate better with Singapore's climate researchers

    05 November 2024

  • InsuranceERM UK & Europe awards 2025 open for entries

    04 November 2024

  • Insurance Europe urges EU to rethink AI liability directive

    04 November 2024

  • Insurance M&A set to tick up after one of worst years in recent memory

    04 November 2024

  • Spain's floods come after unprofitable year for country's property insurers

    04 November 2024

  • Asia-Pacific insurance market primed for tech-driven growth

    01 November 2024

  • QBE transfers $1.2bn loss portfolio to RiverStone

    01 November 2024

  • Previsico offers flood forecasting tool for insurers in Ireland

    01 November 2024

  • AM will have no significant impact on US insurer capital needs, says Fitch

    31 October 2024

  • Prudential Financial's Julia Senchak on the evolution of the bulk purchase annuity market

    31 October 2024

  • Chubb's CEO calls out London market's "aberrant" behaviour

    31 October 2024

  • Insured losses from Spanish floods to exceed €1bn

    31 October 2024

  • Japanese insurers Sompo, MS&AD and Tokio Marine fined for price fixing

    31 October 2024

  • Insurers highlight need to close climate-related protection gaps

    31 October 2024

  • UK insurers react positively to Labour government's budget

    31 October 2024

  • Only 54% of insurance CEOs worldwide are prepared for a cyber-attack

    31 October 2024

  • Brazil invites UK insurers to "seize the moment" on market opportunities

    31 October 2024

  • Aggregation Method passes comparability test for Insurance Capital Standard

    30 October 2024

  • Brazilian insurance leader deepens UK market cooperation

    30 October 2024

  • Research reveals struggle of Australia's homeowners to understand details of insurance

    30 October 2024

  • Brookfield sets up reinsurance arm in Japan

    30 October 2024

  • Insurance Europe urges policymakers to tackle cyber insurance gap amid escalating threats

    30 October 2024

Roundtables

06 November 2024

Risk and capital modellers share lessons from the LDI crisis, the shift to private assets and board interactions

In part two of this InsuranceERM and SS&C Algorithmics roundtable, chief risk officers and risk experts discuss how the liability-driven investment (LDI) crisis and moves to invest in private assets are influencing their approach to risk and capital modelling - and what the board has to say about scenario testing

Market Insight

CRO in focus: Rob Anarfi

Antony Williams, UK managing director at Arthur, talks to Rob Anarfi, chief risk officer (CRO) at Beazley about leadership, managing the risk function and the cultural changes that need to happen in the London insurance market

Awards

InsuranceERM's Annual Awards 2025 - UK & Europe

The awards formally recognise Europe's very best in insurance risk management, actuarial and risk modelling practices, as well as the leading service providers. Deadline: 13th December 2024
Most Read
  1. How Solvency II reforms, and climate and liquidity testing, are changing the approach to risk and capital modelling
  2. Risk and capital modellers share lessons from the LDI crisis, the shift to private assets and board interactions
  3. Insurers on high alert for strikes, riots and civil commotion risks
  4. Insurance M&A set to tick up after one of worst years in recent memory
  5. Spanish floods are worst climate disaster in history, says insurance body president
  6. European Council signs off Solvency II reforms and introduction of IRRD
  7. Insurance Europe urges EU to rethink AI liability directive
  8. Evolving risk and capital management
  9. InsuranceERM UK & Europe awards 2025 open for entries
  10. Insurers demonstrated "significant evolution" in nature risk approaches at COP16

News in Brief

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InsuranceERM Global Climate Risk and Sustainability Awards 2024

InsuranceERM's Global Climate Risk & Sustainability Awards 2024

InsuranceERM's Climate Risk & Sustainability Awards formally recognise those individuals, teams and companies that surpass client expectations and are the leaders in climate risk management. The winners have been announced.

Solutions for climate risk management

Milliman's president and chief executive, Dermot Corry, explains how the actuarial consulting and risk management services provider is supporting insurers to develop comprehensive climate risk resilience strategies with its expertise and innovative tools.

Sustainable re/insurer of the year: Axa

Axa is the sustainable re/insurer of the year in acknowledgment of its ongoing commitment to addressing climate change and fostering social inclusion.

Enterprise Risk Management Technology Guide & Special Report 2024/25

Enterprise Risk Management Technology Guide 2024/25

Access over 130 risk, capital and modelling technology tools for insurers from more than 60 international vendors via InsuranceERM’s 2024-25 technology guide. Sort by product, vendor, type of system, type of platform and other features.

Enterprise Risk Management Technology Special Report 2024-25

InsuranceERM's Technology Guide Special Report 2024-2025, in partnership with FIS and RNA Analytics, is now available to download.

Driving growth and efficiency for insurers

Andy MacLennan, vice president of solutions management at FIS®, discusses ongoing advances in actuarial modelling technology, and how FIS is also helping insurers to manage climate risk

Always innovating

Nick Reilly, head of business development for UK and North Europe at RNA Analytics, discusses the actuarial modelling and risk management software provider’s rolling programme of continuous improvement, and how it is supporting insurers. 

Insurance Risk Data

13 May 2024

Solvency II risk margin reform liberates at least £13bn of capital for UK insurers

InsuranceERM analysis of top 20 insurers reveal companies with largest savings
20 March 2024

How many insurers have Solvency II internal models?

David Walker and Christopher Cundy set about finding the answer in the EEA and UK markets

Bermuda Insurance Investment Outsourcing and Performance Report 2024

Unique market intelligence covering outsourcing at 150+ Bermudian insurers. What asset managers need to win business, key trends, the impact of new regulatory reform, net-zero, fees and more.

  • Insurance Risk Data to publish fourth annual Bermuda insurance outsourcing report

  • French life insurers defend business volumes from lapse risk

  • Solvency data reveals eight Italian life firms' lapses outweighed their premiums in 2023

  • UK matching adjustment benefit rises to £78bn

  • Resolution Life reveals strong Australasian tilt in re/insurer's investor base

Events & Webinars

2 December 2024, 9:00 AM GMT

Insurance Risk & Capital EMEA 2024

The original CROs hub for the insurance industry
On-demand

Insurance Risk & Capital Bermuda 2024

The leading event for CEOs, CROs, CIOs and Chief Actuaries at re/insurers with an interest in Bermuda
On-demand

The evolution of global pension risk transfer markets

Join InsuranceERM and Legal & General Retirement America for this webinar to discuss discuss the evolving conditions in the US, UK, Canada and Netherlands PRT markets.

Analysis

More analysis
06 November 2024

EU consumers need easy access to investment and protection

Giancarlo Bosser urges European lawmakers involved in the Retail Investment Strategy to develop a more consumer-centric approach to the process of buying insurance-based products
04 November 2024

Insurers on high alert for strikes, riots and civil commotion risks

As losses from strikes, riots, and civil commotion surge, insurers are grappling with these escalating threats and how best to manage them. Joshua Geer reports
31 October 2024

IFRS 18 accounting standard to reshape financial performance reporting

New rules set to take effect in 2027, but won't be as disruptive for insurers as IFRS 17. Christopher Cundy and Ronan McCaughey report
28 October 2024

A frontline perspective: the impact of war on Ukraine's insurance market

Denis Yastreb explains how the Ukrainian insurance sector has responded in the face of Russia's invasion and continuing occupation

People

  • Prudential Financial's Julia Senchak on the evolution of the bulk purchase annuity market

  • Only 54% of insurance CEOs worldwide are prepared for a cyber-attack

  • Pooja Rahman, Transamerica's CRO, leaves company

  • Domhnall Cullinan to leave Irish insurance supervisory role

Software/IT

  • AI/ML adoption rising among insurers for storm risk assessments

  • Asia-Pacific insurance market primed for tech-driven growth

  • Only 54% of insurance CEOs worldwide are prepared for a cyber-attack

  • Gallagher Re: External scanning data can reduce cyber loss ratios

Risk

  • Trump presidency: insurers brace for volatility and geopolitical risk

  • EU consumers need easy access to investment and protection

  • Insurers demonstrated "significant evolution" in nature risk approaches at COP16

  • Rothesay writes £11bn bulk annuity for NatWest across multiple deals