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Efrag makes preliminary call on IFRS 17 issues and timeline
26 July 2018The EU accounting standards advisory body has acknowledged the "very challenging" implementation timelines for IFRS 17 and shared its thoughts on other potential problems with the incoming standard for insurance contracts. Cintia Cheong and Christopher Cundy report
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NN's Jan-Hendrik Erasmus: finding the win-win in insurtech
19 July 2018NN Group has been an eager participant in the insurtech revolution. Chief risk officer and global IT leader Jan-Hendrik Erasmus tells David Walker how the Dutch insurer's tech strategy has evolved
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GDPR data requests - a flood or a trickle?
17 July 2018The EU's General Data Protection Regulation (GDPR) was introduced on 25 May with warnings that insurers would be inundated with customers requesting details of the personal data held on them. Now, almost eight weeks later, have these requests materialised? Paul Walsh investigates
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Holloway Friendly breaks the mould with readable, educational SFCR
12 July 2018The UK friendly society has taken a radical approach to its Solvency II public reporting, creating a document that can be understood by non-experts but still meeting regulatory requirements. InsuranceERM spoke with chief financial officer Paul Harwood to understand the firm's motives and ask how the redesigned SFCR has been received
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Insurtech brings new challenges to CRO role
10 July 2018Aggelos Andreou asks chief risk officers how they are coping with the opportunities and threats emerging technologies are posing to their firms, and what impact technology will have on the risk function itself
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Finding a role for insurance in a technology-driven economy
05 July 2018In the second article in his series on intangible asset risk, Tim Freestone explores why the growth in intellectual property and patent risks has not been matched by a corresponding growth in insurance
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EU supervisors insist Solvency II risk margin "is not an issue"
03 July 2018Insurers’ calls for a recalibration of the risk margin are being ignored by Eiopa and national supervisors, as evidenced at Insurance Europe's conference in Brussels last week. Aggelos Andreou reports
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EU and UK authorities diverge on Brexit preparations
28 June 2018Eiopa repeats its advice to EU insurers to take contingency measures, while UK supervisors step up and reveal legislative plans. Aggelos Andreou reports
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German actuaries tell Eiopa: "Stick to your remit"
26 June 2018DAV vice-president Guido Bader talks to David Walker about how the country's actuaries are concerned by Eiopa's new ideas for Solvency II – and the lack of testing around them
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IFRS 17 earnings recognition: challenges, opportunities and innovations
21 June 2018Luca Tres and Adam Robinson discuss IFRS 17 and its earning recognition criteria from a capital markets and insurance practitioner's perspective, and consider the challenges and the opportunities this presents
- Climate and Sustainability Roundup: Insurers find their voice at COP30
- Climate activists holding two-week wave of protests against UK insurers
- Beware of the human psyche in cat risk modelling, insurers warned
- More power for actuarial modelling
- Insurance Europe urges EU to include insurers in EU savings and investment plan
- The hidden costs of actuarial modelling systems
- Scandal-hit Japanese general insurers pledge reform after public apology
- Barnett Waddingham acquires risk advisory firm
- Eiopa launches consultation to cut Solvency II reporting burden
- Phoenix's Gary Finkelstein joins WTW in senior capital advisory role