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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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Canadian insurer picks Moody's Analytics to implement IFRS 17
16 January 2019Existing working relationship laid foundation for partnership, says vendor
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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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UK insurers more optimistic than rest of financial services
14 January 2019The quarterly CBI / PwC survey of 84 firms reveals a marked divergence in business conditions between sub-sectors
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US life firms under pressure from accounting overhaul
08 January 2019It has been billed as the biggest change in US accounting rules for decades. But reportage of the new US GAAP LDTI standard remains sparse. Since coming into effect in August, with an implementation deadline of 2021, companies have been scrambling to assess the impact. Sarfraz Thind reports
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Hamilton appoints Vetch as CFO for Lloyd's business
07 January 2019Takes over from departing Simon Barrett
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IASB to review contract aggregation in IFRS 17
13 December 2018Insurers could present contracts at portfolio level instead of group level
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IASB votes in favour of IFRS 17 delay
14 November 2018IFRS 9 also to be delayed to maintain consistency for insurers
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Moody's Analytics teams up with PwC to help insurers implement IFRS 17
30 October 2018Partnership offers systems, actuarial and accounting expertise to help beat deadline
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"Standalone cyber is the way forward" - Tokio Marine's Daljitt Barn
27 September 2018Cyber risk expert Daljitt Barn has taken up a new role as global head of cyber risk at specialist insurer Tokio Marine. He explains to Paul Walsh why insurers have struggled to grasp the cyber risk threat, and what they should do to grow the market