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Chubb's Barney Wanstall: creating the 'end-to-end' IFRS 17 solution
27 February 2020One 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
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AAIC's ERM journey: inspired by Europe
25 February 2020AAIC'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
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Eiopa hits back at the French ICS revolution
21 February 2020Some 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
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IFRS 17 and Solvency II: clashes on discount curve and risk margin come to the fore
17 February 2020InsuranceERM'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
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Australian life insurers arm up on the frontline of climate change
13 February 2020Climate change is not just a worry for property and casualty insurers. In Australia, whose recent natural disasters are widely seen as harbingers of global warming, life and health firms recognise complacency is no option. David Walker reports
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Winners revealed in InsuranceERM Awards 2020
10 February 2020The awards recognise the best insurance risk management providers serving the UK and Europe
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IFRS 17 implementation requires "extreme flexibility"
06 February 2020Cristina Colozza, IFRS 17 disclosure and methodology central lead at Zurich, tells Cintia Cheong about the firm's IFRS 17 implementation status and the importance of its financial impact assessment
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Australia and reinsurance: continuing the affair
04 February 2020Australia's insurers make extensive use of reinsurance and reinsurers like to take on the risk - and the relationship looks set to survive the recent catastrophes that have beset the country, as David Walker reports
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"The costs of IFRS 17 are likely to outweigh the benefits"
30 January 2020Tony O'Riordan, chief financial officer of New Ireland Assurance, tells Ronan McCaughey how the company is implementing the new accounting standard, about the complexity it creates and why it will not solve any major issues for the company
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China's coronavirus outbreak could hit insurers severely - UPDATED
24 January 2020Insurance experts talk to Ronan McCaughey about the mortality, operational and economic losses the deadly virus poses for the re/insurance industry
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