Archive

  • The ongoing ordeal of Ogden

    11 April 2017

    The change to UK's damages discount rate came as a huge surprise to many insurers. But this is far from being a one-off shock. Christopher Cundy reports

  • UK motor premiums rise on Ogden rate change

    11 April 2017

    Average premium could reach £1,000 when combined with tax increase

  • PRA launches general insurance stress test

    11 April 2017

    2017 exercise has fewer tests but requires more detail

  • Indian watchdog sets rules to harden sector against cyber attacks

    10 April 2017

    Dedicated data security committees, crisis plans and policies to be mandatory

  • Eiopa gave BaFin five concessions on UFR change

    10 April 2017

    Important that firms do not have to prove post-transitional solvency with lower UFR, says Frank Grund

  • BaFin clarifies requirements for standard formula firms' sovereign risk

    10 April 2017

    More than 10% deviation between ORSA and standard formula will require extra capital

  • Chairman of China's insurance regulator facing investigation by Communist Party

    10 April 2017

    Party's disciplinary body cites serious disciplinary breaches by Xiang Junbo

  • Dutch firms most affected by UFR change: Fitch

    07 April 2017

    But solvency ratios unlikely to fall below 140%

  • UFR still "ludicrously high", says Bernstein

    07 April 2017

    Eiopa would have been justified to cut the rate to as low as 1.5%

  • European insurers prepare for UFR change pain

    06 April 2017

    Cutting the ultimate forward rate to about 3.65% over the next five years will drag down European insurers' solvency ratios as the pain of low rates feeds into long-term discounting. The big question now is whether MEPs, the Commission and German industry will work together to block Eiopa's methodology. Callum Tanner reports