Analysis

• View from the Top: Turning ORSA on its head

  27 June 2017

  In his quarterly column for InsuranceERM, Tom Wilson, chief risk officer for Allianz, shares his insights into managing risk and capital. In this instalment, Tom describes how insurers can get value out of the ORSA by focusing less on regulatory reporting and more on risk and capital management as a continuous process

  

• The 'winners' and losers from the Ogden rate change

  20 June 2017

  Insurers with lower retention rates increased their motor market share in Q1 as others were forced to raise prices faster. They are, however, likely to be hit harder during their reinsurance renewals, and the profits lost across the entire sector could reach £3.5bn. Callum Tanner reports

  

• SFCRs - the one-tonne paper chase by European insurers

  15 June 2017

  Analysis of public Solvency II reports shows literally a tonne of information is now available to stakeholders. But who will use it? Do the reports satisfy stakeholders? And how might the reports evolve? David Walker reports

  

• Comment: Weak UK government bad news for insurers in need of key reforms

  09 June 2017

  Whether it's the business of reforming elements of Solvency II, guaranteeing market access for UK firms selling into Europe or reforming the Ogden discount rate, a weak government will mean gridlock and uncertainty, says Callum Tanner

  

• Political instability and what it means for risk management

  05 June 2017

  The prevailing political environment has a significant impact on how re/insurers operate, so risk managers should respond to this current period of instability and uncertainty with new approaches, says Frieder Knüpling

  

• Allianz's Wilcox: CRO role still in "teenager" phase

  31 May 2017

  As Stephen Wilcox looks set to leave Allianz UK by the end of the summer, he reflects on how his role as CRO has developed over the last seven years alongside more recent regulatory and political frustrations. He spoke to Callum Tanner at Allianz's office in London.

  

• Turning the GDPR threat into an opportunity

  25 May 2017

  Insurers have one year to prepare for the EU's General Data Protection Regulation and implementation will not be straightforward. But there is much to be gained from taking a customer-centric approach, as REaD Group's Andrew Bridges explains

  

• IAIS's Kawai: "a financial crisis is triggered and spread because of entities"

  23 May 2017

  The International Association of Insurance Supervisors is developing a cross-sectoral, activities-based approach to systemic risk identification. Although some insurers are hoping this will eventually replace entities-based designation, Yoshihiro Kawai stresses that this will not be the case. He spoke to Callum Tanner at the NAIC conference in Washington, DC on 15 May

  

• IFRS 17 compliance: a task comparable with Solvency II?

  18 May 2017

  IFRS 17 has been described as a "landmark shift" in insurer accounting and some are saying that implementation could require more work than was needed for Solvency II. InsuranceERM gets the lowdown from the industry on what it means for the sector

  

• How are P&C actuarial functions coping with Solvency II?

  16 May 2017

  With more than a year's experience of Solvency II, actuaries in property and casualty firms are implementing some of the requirements well – and others not so well – as Sanjiv Chandaria explains to Christopher Cundy