Analysis

• Chinese non-life insurers develop products for ailing local business

  19 March 2020

  As the Covid-19 pandemic puts the world on path to recession, innovative property and casualty insurers in China are designing products to help SMEs and exporters alike. David Walker reports

  

• IFRS 17 in the UAE: the real issue is lack of expertise

  18 March 2020

  Oscar Kitasoboka, chief actuary at the UAE Insurance Authority, talks to Cintia Cheong about the IFRS 17 challenges facing the country's insurers in comparison to other regions

  

• Is PAA the IFRS 17 shortcut insurers have been looking for?

  11 March 2020

  Complying with the IFRS 17 insurance contracts accounting standard is hard work, especially for firms writing long-term contracts. Pamela Hellig discusses the potential for the premium allocation approach to relieve the pressure

  

• Modelling the virus

  10 March 2020

  The spread of Covid-19 has not come as a surprise to everyone. Analytics firms are looking at the thousands of situations to model pandemics every day. However, it seems insurers are not quite up to scratch. Sarfraz Thind reports

  

• Three lines of defence: a necessity or a nuisance?

  06 March 2020

  The three lines of defence model has become a fixture for enterprise risk management in the insurance sector. But after nearly two decades since its introduction, does the model still have a place within the insurance industry or are changes needed? Paul Walsh investigates

  

• UK actuaries take another crack at equity-release mortgage valuation

  03 March 2020

  Valuation of equity-release mortgages (ERMs) is one of the most controversial topics in the UK actuarial community, and the latest update from the working party only makes a small step towards resolving the debate. Christopher Cundy reports

  

• Chubb's Barney Wanstall: creating the 'end-to-end' IFRS 17 solution

  27 February 2020

  One of the biggest challenges for insurers implementing the IFRS 17 accounting standard is creating a seamless and robust system that takes in all the relevant information and produces the required numbers, as Chubb's head of IFRS 17 implementation in 25 countries explains to Cintia Cheong

  

• AAIC's ERM journey: inspired by Europe

  25 February 2020

  AAIC's CRO Lorie Graham started the company's ERM programme in 2008 at a time when the US reinsurance sector had few models to look at. So she took her inspiration from the Europeans, she tells Sarfraz Thind

  

• Eiopa hits back at the French ICS revolution

  21 February 2020

  Some prominent French re/insurers don't want the Insurance Capital Standard in its current form, angering EU and US negotiators alike. Eiopa looks determined to carry on regardless. The IAIS is treading carefully. It is a fraught situation and some practitioners believe the standard could even collapse under its own weight, as Sarfraz Thind reports

  

• IFRS 17 and Solvency II: clashes on discount curve and risk margin come to the fore

  17 February 2020

  InsuranceERM's IFRS 17 conference heard insurers are keen to leverage much of what they have implemented for Solvency II in their IFRS 17 compliance programmes, but are struggling with certain elements. Paul Walsh and Christopher Cundy report