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Don't underestimate enormity of IFRS 17, warns Hymans Robertson
18 August 2017Implementing the standard that "affects almost every aspect of the business" tops insurers' worries
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Reinsuring Africa in a soft market: One Re CRO
17 August 2017The young reinsurer One Re is somewhat of a specialist, focusing as it does on non-life risks facing clients in Africa. But its chief risk officer Ross McGee tells David Walker that the challenges remain the same, including reporting challenges under Solvency II, soft markets, and risk models.
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LCP survey finds a quarter of non-life QRTs full of "obvious errors"
17 August 2017Nearly a quarter would also need to recapitalise after loss of capital equal to MCR
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'Extremely disappointing' results in emerging markets lead QBE to major staff reshuffle
17 August 2017Chilean floods, property and marine losses in Asia and cat claims in Latin America troubled QBE
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Growth of own funds offsets Achmea's increased market risk
17 August 2017The eligible own funds at the Dutch underwriter outgrew the regulatory requirement for them, by mid-year
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NN's solvency ratio slips 42pp following Delta Lloyd acquisition
17 August 2017Down from 238% at Q1 to 196%, but post-merger profits beat expectations
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NAIC edges closer to cyber security model law
16 August 2017Regulation will improve cyber risk management but add to compliance costs, says Fitch
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BaFin lists failings of German insurers' Solvency II reporting
16 August 2017However, regulator says pillar III documents overall were satisfactory
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Philippines government cedes cat risks to global reinsurers
16 August 2017The new initiative provides the country with $206m in coverage from typhoons and earthquakes
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Seven out of 20 reinsurers' capital under threat from 1-in-10-year losses
16 August 2017Reinsurers are twice as likely to report an underwriting loss due to natural disaster since 2012