28 October 2024

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

Analysis

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
16 October 2024

Petra Hielkema's parliamentary probe addresses protection gaps, consumer protection and red tape

In her first appearance before the new European Parliament's Econ committee, the European Insurance and Occupational Pensions Authority chief outlined future priorities and responded to MEP questions. Joshua Geer reports
14 October 2024

Time to adopt ICS, conclude AM comparable

The deadline to adopt the Insurance Capital Standard is fast approaching and a crucial decision on comparability with the US Aggregation Method awaits. ACLI's Mariana Gomez-Vock argues it is time for supervisors to resolve their differences
11 October 2024

Bermuda's hot life reinsurance market draws the crowds

Last month's Biltir conference in Bermuda was busier than ever, with participants discussing everything from private equity's role, regulatory communication and Manchester United's fax machines. Sarfraz Thind reports

News

  • Asset intensive market competition has made business harder than ever

    29 October 2024

  • Pooja Rahman, Transamerica's CRO, leaves company

    29 October 2024

  • TNFD hits 18 insurance adopters worldwide

    28 October 2024

  • Domhnall Cullinan to leave Irish insurance supervisory role

    28 October 2024

  • UK unveils insurance fraud charter to combat rising cases

    28 October 2024

  • LMA warns of risks from silent transition to net zero

    28 October 2024

  • German insurers paid €8bn for extreme weather losses since start of 2023

    28 October 2024

  • Eiopa proposes 100% capital charge to insurers' crypto holdings

    25 October 2024

  • Insurance Europe raises concerns over updated Solvency II proportionality framework

    25 October 2024

  • Reinsurers' share of insured natcat losses halved in 2023, S&P Global estimates

    25 October 2024

  • PRA's revised solvent exit planning regime: four ways to prepare

    25 October 2024

  • Time to "double down" on conduct, says John Neal following FCA survey

    25 October 2024

  • FCA non-financial misconduct survey makes "uncomfortable reading" for London market

    25 October 2024

  • Life insurers profiting from streamlining through asset-intensive reinsurance

    24 October 2024

  • Canadian economy a tailwind for insurers, says AM Best

    24 October 2024

  • IFoA's proposed DEI changes to Actuaries' Code divide the sector

    24 October 2024

  • Moody's: Reinsurance pricing to stay firm in 2025 amid high catastrophe losses

    24 October 2024

  • Scandinavian insurers seeing impact of global volatility, says Länsförsäkringar

    24 October 2024

  • Generali expands oil and gas underwriting exclusions

    23 October 2024

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

    23 October 2024

  • Australian regulator takes QBE to court over pricing algorithm

    23 October 2024

  • California public wildfire model development no easy task

    23 October 2024

  • Australian cyclone pool faces just 25% of claims costs it expected in 2023/24

    23 October 2024

  • Basic climate reporting still poses a struggle for some insurers

    22 October 2024

Special reports

US pension risk transfer (PRT) special report 2024

InsuranceERM's free US PRT special report 2024, in collaboration with Legal & General Retirement America, is now available to download.

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.

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
Most Read
  1. AI's potential to improve customer outcomes
  2. Cayman Islands aiming to become the next reinsurance idyll
  3. PRA's revised solvent exit planning regime: four ways to prepare
  4. Insurance Europe raises concerns over updated Solvency II proportionality framework
  5. Eiopa proposes 100% capital charge to insurers' crypto holdings
  6. Life insurers profiting from streamlining through asset-intensive reinsurance
  7. Reinsurers' share of insured natcat losses halved in 2023, S&P Global estimates
  8. IFoA's proposed DEI changes to Actuaries' Code divide the sector
  9. Domhnall Cullinan to leave Irish insurance supervisory role
  10. FCA non-financial misconduct survey makes "uncomfortable reading" for London market

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.

Climate and sustainability consultancy of the year: Milliman

Milliman wins this award for collaborative and innovative leadership on sustainability, for helping insurers better understand and quantify climate risks, and for supporting clients globally on this complex issue.

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

30 October 2024, Bermuda

Insurance Risk & Capital Bermuda 2024

The leading event for CEOs, CROs, CIOs and Chief Actuaries at re/insurers with an interest in Bermuda
2 December 2024, 9:00 AM GMT

Insurance Risk & Capital EMEA 2024

The original CROs hub for the insurance industry
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
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
16 October 2024

Petra Hielkema's parliamentary probe addresses protection gaps, consumer protection and red tape

In her first appearance before the new European Parliament's Econ committee, the European Insurance and Occupational Pensions Authority chief outlined future priorities and responded to MEP questions. Joshua Geer reports

People

  • Pooja Rahman, Transamerica's CRO, leaves company

  • Domhnall Cullinan to leave Irish insurance supervisory role

  • IFoA's proposed DEI changes to Actuaries' Code divide the sector

  • Guardian Life's Sarah Williams on what keeps CROs awake at night

Software/IT

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

  • AI could destroy junior-level roles, actuaries warned

  • FIS launches cloud-native SaaS tool called Production Manager

  • P&C reserving still "in the 1990s" and must demonstrate value to justify tech investment

Risk

  • Asset intensive market competition has made business harder than ever

  • Pooja Rahman, Transamerica's CRO, leaves company

  • TNFD hits 18 insurance adopters worldwide

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