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"IFRS 17 is the most cross-function project we've ever had"
11 February 2019Erich Kruschitz, head of group finance of Uniqa, tells Cintia Cheong about the challenges the company faces with the implementation of IFRS 17 and 9 accounting standards
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Australia raises its game on wildfire loss models
08 February 2019Ten years ago, Australia suffered one of its worst outbreaks of bushfires that burned 300,000 hectares and took 173 lives. David Walker reports on how wildfire modelling has developed to cope with this increasing threat
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The unstoppable rise of insurtech in China
06 February 2019Technology is driving growth in China's insurance markets, particularly among millennials, and investors remain keen to back insurtech firms despite continuing losses and potential regulatory challenges. Siyi Liu reports
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European regulators outline Brexit mitigation measures
31 January 2019As the threat of a no-deal Brexit becomes more likely, some EU countries are stepping up their preparations to ensure service continuity. Cintia Cheong spoke to regulators and governments in five big EU27 markets to find out what they have planned
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How to sell an IFRS 17 lemon
29 January 2019Andries Beukes and Pamela Hellig explains why a fair value loss component is improbable but not impossible under IFRS 17
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MPs grill Rule and Woods on equity release, ethics and Brexit
24 January 2019The UK parliament's house Treasury Committee yesterday questioned Bank of England chiefs Sam Woods and David Rule on a host of issues, including diversity, management ethics, Brexit - and insurers' treatment of equity-release mortgages. Ronan McCaughey and Christopher Cundy report
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Silent cyber risk sparks rewording of insurance policies
22 January 2019AIG and Allianz are among the insurers to have undertaken a large-scale effort to exclude silent cyber risk from their portfolios. Paul Walsh looks into the process and discovers how policies have been reworded to safeguard insurers and satisfy their customers
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Risk insights from outer space
17 January 2019Satellite and drone technology has transformed the ability of re/insurers to assess risks and losses from natural catastrophes, as Dave Fox explains
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Capital models: run, review, repeat
15 January 2019Recent surveys by consultancies Willis Towers Watson and PwC have revealed how UK life insurers have revised their approach to capital modelling. Christopher Cundy reports on some of the highlights
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Eric Cioppa, the regulator's regulator
10 January 2019Maine's superintendent of insurance has taken on the mantle of NAIC president for 2019. He talks to Sarfraz Thind about regulatory priorities and how he will marshal the 50 states to reach a common view
- The hidden costs of actuarial modelling systems
- Japan's FSA to strengthen risk monitoring of life reinsurance
- PRA highlights risks from solvency-triggered clauses in BPA deals
- Eiopa made over 60 supervisory interventions in 2024
- Next frontier in climate risk modelling and stress testing
- Climate activists holding two-week wave of protests against UK insurers
- IAIS agrees high level principles for ICS implementation
- Scandal-hit Japanese general insurers pledge reform after public apology
- Financial volatility leaps to top emerging risk in SOA/CAS risk survey
- Insurance Europe supports ISSB revisions to Scope 3 emissions disclosures