David Walker

French life firms emphasise liquid reserves, and strategies, to face lapse risk

SFCR discussions acknowledged rising lapse risk, but ways to manage it

Moody's warns of lapse risk intensifying should European rates rise 100bps

Situation already "much less favourable" for life insurers

GamaLife portfolio deal sends Zurich Italian unit's solvency to 102%

But seller welcomes deal for facilitating focus on unit-linked and capital-lite products

Think-tank spells out how to enhance Hong Kong's re/insurance role

HKFI-convened body was responding to government paper from December

New Zealand set weather loss record in 2022

Apra delays implementation of operational risk standard

Axa's German unit reveals impact of claims inflation in 2022

German SFCRs also carried details of stress-test scenarios to re-run damage from storm Bernd

Royal London achieved extra capital benefit in 2022 from MA usage

But the insurer's solvency and financial condition report shows TMTP gave far higher capital benefit

Covid-19 payouts trigger solvency warning from Taiwan regulator

S&P Global says the overall liquidity of the country's non-life sector has been maintained

Just Group's SFCR explains interest rate hedging losses for 2022

The UK life insurer also revealed how it de-risked its solvency coverage sensitivity to house prices