Archive

US Department of Labor recommendations on IB 95-1 likely to please PRT insurers

But bulk annuity sector remains threatened with stricter fiduciary rules

Do not expect 46% profits growth from South Koreans again in 2024, Fitch cautions

But growth in CSM release will support earnings of industry, ratings agency says

Bank loans the next to be hit by the US insurance crisis

Higher premiums and lack of insurance for flooding are key worries for banks, says Fitch

Fitch predicts robust credit fundamentals and less rates risk for Japan's life sector

Insurers will also keep expanding overseas to boost earnings, ratings agency expects

Insurers get FIT after ditching the NZIA

From the ashes of the NZIA, a new Forum for Insurance Transition to Net Zero (FIT) has emerged, promising to lead the industry's climate agenda. FIT chair Butch Bacani talks to Joshua Geer about the forum's mission and objectives

UN kills off NZIA and launches multi-stakeholder forum for net zero

Insurers, regulators, academics, civil society and lawyers make up the new group

Has IFRS 17 improved comparability and consistency? The jury is still out

After more than two decades' work on IFRS 17, the industry is still unsure if the accounting standard has made things better. Joshua Geer reports

Fitch flags "moderate" uplift in Japan life firms' capital after BoJ policy change

Bank of Japan significantly changed its stance on interest rates last week

Fitch turns negative on Chinese state-owned insurer CUPIC

Earlier ratings demotion of owner and risky asset ratio cited as reasons

Just Group secures £19m Greenhous Group buy-in