News

  • Lloyd's warns of major insurance claims from Russia-Ukraine war

    24 March 2022

    The market bounced back to profitability in 2021 after a £900m loss in 2020

  • Kalpana Shah named as president-elect of IFoA

    24 March 2022

    Hiscox's former chief actuary takes up presidency in June 2023

  • Insurers face $4bn property hit from Japanese earthquake

    24 March 2022

    Up to $820m of the losses are attributed to commercial and industrial properties

  • UPDATED: SEC climate disclosure proposals "better" than NAIC survey

    24 March 2022

    New proposals should help investors better assess climate risk in insurance industry

  • Consultation opens on annuity profits recognition under IFRS 17

    23 March 2022

    Consultation runs until 23 May

  • WTW updates Radar pricing software to include Python

    23 March 2022

    It will enable insurers to benefit from open source capabilities

  • Climate risk not explicitly included in most insurers' capital models

    23 March 2022

    Igloo remains most-used platform but Tyche's popularity has increased since 2020

  • UK regulator urged to address "ethnicity penalty" for car insurance

    22 March 2022

    Citizens Advice analysed 18,000 motor policies in England

  • Put climate risk in pillar 1 of Solvency II, MEPs told

    22 March 2022

    Econ hearing on regulatory review reignites climate debate

  • Verisk pledges insurance focus after D.E. Shaw criticism

    22 March 2022

    The activist investor has called on Verisk to make widespread changes