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The good and bad of stress testing for claims inflation
24 October 2022UK regulator feeds back to general insurers on reserving and capital modelling approaches
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Frank Grund warns insurers: "Don't bet on high inflation rates normalising"
24 October 2022Firms that underestimated inflation must adjust claims provisions, Germany's top insurance supervisor says
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Prices rises unavoidable given losses and inflation, warns Hannover Re unit
24 October 2022Hannover Re uses group-specific claims inflation index to understand dynamics
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Climate transition will drive political risk
21 October 2022No easy route to eliminate fossil fuels, says WTW panel
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Catastrophe risk capacity must double under "no further action" climate scenario
21 October 2022Bank of England staff investigation reveals some insurers' business models under threat
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Insurers taking concrete steps in better climate practices, says UK regulator
21 October 2022Sam Woods letter highlights risk management as key area, but work remains to be done
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Allianz's CRO Aylin Somersan Coqui promoted to CEO of Allianz Trade
20 October 2022Replacement has not yet been decided
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Munich Re names Blunck as reinsurance successor to Torsten Jeworrek
20 October 2022Jeworrek will step down from the reinsurer's board on 31 December at his own request
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Italian motor insurance caught out by inflation
20 October 2022Motor insurers may suffer underwriting losses as claim costs rise and premiums stagnate
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MS Amlin Underwriting fined nearly £10m for governance and risk management failings
20 October 2022Prudential Regulation Authority takes action on events from 2014 to 2019
- CROs are booting up AI for risk management
- Zurich to drop oil and gas producers lacking credible transition plans by 2030 - UPDATED
- Lloyd's warns syndicates to improve oversight of delegated business
- Excess mortality in US and UK may persist for a decade, Swiss Re warns
- Actuaries worried AI could crash their careers
- Lloyd's CUO advises against overstepping on sustainability
- Insurers split over speed of mass digitalisation and technology adoption
- Storm Boris insured losses estimated to hit up to €3bn
- BIS becomes latest to warn on PE-insurer and asset intensive reinsurance risks
- P&C reserving still "in the 1990s" and must demonstrate value to justify tech investment