-
ICS version 1.0 inspires little faith in IAIS timetable
15 August 2017Despite the IAIS heralding the launch of insurance capital standard version 1.0, insurers say it has achieved a lot less than originally promised. Is it time to scale back ambitions for version 2.0? Callum Tanner reports
-
Insurers under fire for underwriting coal industry
10 August 2017Divesting from coal companies while continuing to underwrite them is a 'blind spot' of insurers' climate policies, according to campaigners. Cintia Cheong investigates what four insurers are doing about it
-
Scenario planning for the insurtech revolution
08 August 2017Magdalena Ramada and Andrew Harley share their thoughts on how insurers should be planning to deal with the transformative technologies and tools that are making their way into the business
-
Gen Re's Jules Constantinou: technology can make insurance more meaningful
03 August 2017Jules Constantinou, regional manager for life and health at GenRe UK and Ireland, and president-elect of the Institute and Faculty of Actuaries, vows to make insurance more meaningful to society. He tells Cintia Cheong how technology can help achieve that
-
How to prepare for SMCR
01 August 2017The introduction of the Senior Managers and Certification Regime (SMCR) will mean more change for UK insurers in how they ensure that senior staff are appropriately qualified and behave responsibly. Marcus Bonnell describes the main elements of the regime and outlines a plan to deal with it
-
The biggest barrier to actuarial system improvement is... actuaries?
27 July 2017As insurers prepare for another round of system adaptation and process review with the introduction of IFRS 17, Andries Beukes shares his experience in modernising actuarial systems and discusses what role actuaries have in the success – and failure – of transformation projects
-
Insurers struggle with "connected risk" in high-tech, globalised market
25 July 2017The increasing connectedness of the global economy means risks and vulnerabilities are changing. How can insurers hope to keep up with highly dynamic supply chains in a more interdependent world? Christopher Cundy reports
-
Solvency II's legacy for risk teams is dull, repetitive work
20 July 2017...so chief risk officers (CROs) need to find interesting new work – of which there is no shortage, says Stephen Coombes, interim CRO at Unum UK. He talks to David Walker about how the risk function can evolve to maintain its relevance
-
UK insurers' Brexit choices become a test of EU regulatory convergence
13 July 2017Eiopa's opinion on Brexit may have scotched the plans of London firms hoping to reinsure 100% of EU risks back to the City. But are some regulators offering a lighter-touch version of the rules than others? Callum Tanner reports
-
MA optimisation: the experience at LV=
06 July 2017The matching adjustment (MA) is a vital element of the Solvency II package to annuity underwriters, but making the most of it is challenging. In this article, James Sharpe, developer of optimisation tool OptiMA, and Ed Rayson of insurer LV=, describe how MA benefits have been improved in practice