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In the Spotlight: Gefion Insurance
23 July 2019The Danish motor insurer is latest to require remedial action by regulator Finanstilsynet after deficiencies were identified in its capital and risk management practices. David Walker reports
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Climate risk in the US: time to stand up
18 July 2019Trenchant politics, vested interests, short-term thinking ... tackling climate change in the US is an uphill battle. Washington insurance commissioner Mike Kreidler tells Sarfraz Thind about the difficulties of standing up to the status quo
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Insurers push for dual-rate approach to Ogden
16 July 2019The change in the Ogden rate prompted surprise and disappointment from insurers. Their hopes for a fairer settlement are now pinned on the next round of reforms, as Christopher Cundy and Paul Walsh report
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Annual cohorts dominate EU debate on IFRS 17 endorsement
10 July 2019Efrag's preliminary discussions on proposed amendments to IFRS 17 reveal growing support to revise the approach to grouping of insurance contracts. Cintia Cheong reports
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"We want clarity and certainty for IFRS 17 implementation"
09 July 2019Patrick Klijnsmit, director of finance, risk & performance management and control at ASR, talks to Cintia Cheong about choosing vendors and contractors, and what he thinks of the proposed changes to the accounting standard
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What's next for the MA and VA?
04 July 2019More than €100bn of capital relief is provided by Solvency II's matching and volatility adjustments, but they are far from uncontroversial. As the European Commission begins to consider reforms, Christopher Cundy reports on the problems and possible solutions
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Questioning the value of IFRS 17
02 July 2019Irish insurance chief risk officers have expressed scepticism about the benefits of IFRS 17 and fear the principles-based nature of the insurance accounting standard will hamper consistency. Ronan McCaughey explains
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Romania's insurance sector: motoring on
27 June 2019Motor business has dominated Romania's insurance market, but firms are taking steps to diversify their books, as well as cope with a raft of regulations and capitalise on new technology. Paul Walsh reports from Bucharest
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IFRS 17: implementation update
25 June 2019Two years into IFRS 17 preparations, four directors at consultancy Muller Beukes Edvardsen share their thoughts on how far insurers are on the road to implementation
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"The mummy track or the director track?"
21 June 2019Steps to increase equality and diversity in the financial services industry are under way, but as witnesses at a recent UK parliamentary meeting observed, there is still much to be done. Paul Walsh reports